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Question 5In January, 1992, Wang rented a house for three years at a monthly rent of $1,00

Question 5

In January, 1992, Wang rented a house for three years at a monthly rent of $1,000. Wang became unemployed in August, 1992 and wanted to move out. Jone then orally agreed to reduce the monthly rent to half. In January, 1993 Wang was informed to pay the amount of rent he had paid before.

Could Wang insist on paying the half rent until expiration of the contract?

Give reasons for your answer.

提问人:网友senvenfoot 发布时间:2022-01-07
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第1题
Question 4 Peter wants to buy a comer store. When negotiating in January, he was told by D

Question 4

Peter wants to buy a comer store. When negotiating in January, he was told by David, the owner of the store that the business of the store was very good and the average net profit from the store was$100,000 per month for the last year. However, in March, a supermarket opened near the store and the business at the store became very slow. Then a contract for the sale of the store was signed between them, all the time David didn't mention anything to Peter.

Could Peter make a claim against David for misrepresentation. Advise Peter supported by cases.

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第2题
Which hook is employed? On January 8, 2011, the worst snowstorm in the history of my state paralyzed our area.

A、Posing an interesting or controversial question

B、Using a relevant quotation

C、Making a startling statement or giving shocking information

D、Employing the funnel method

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第3题
Question 3 Charles operates a retail business in London. On 30 June 2003, there was a fire

Question 3

Charles operates a retail business in London. On 30 June 2003, there was a fire in his store. His books of account and most of his stock were destroyed. The value of the undamaged stock was agreed at $5,000.

His Trading Account for the year ended 31 December 2002 was as follows:

$ $

Sales 492,000

Opening stock 31,000

Purchases 154,000

185,000

Less: Closing stock 37,400

Gross profit 147,600 344,400

On 1 January 2003, his trade creditors totaled $15,000 and monthly statements received by him in early July showed that the trade creditors on 30 June 2003 amounted to $31,000.

All sales in Charles' business are on a strict cash basis and his stock is fully insured. According to his bank statements, he received $270,000 from customers and paid $69,000 to suppliers between I January and 30 June 2003.

Charles informs you that he increased his selling prices by 20% on 1 January 2003 but purchase prices have remained unchanged for several years.

Required:

Calculate the cost of the stock lost by Charles on 30 June 2003.

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第4题
Man: I've been working out at the gym since January so… I'd been wanting to get in better
shape. Woman: You look terrific! Seems like all your hard work has paid off. Question: What does the woman mean?

A.The man paid a lot to join the gym.

B.The man has been working too hard.

C.The man has improved his physical condition.

D.The man should ask for more pay.

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第5题
Question 4 Chan wanted to sell his business in which Lee was interested. During the course

Question 4

Chan wanted to sell his business in which Lee was interested. During the course of negotiations in January, Chan correctly represented the takings to be about $40,000 a month.

The contract was not signed until June when takings had fallen to $1,000 a month owing to Chan's illness. Chan did not mention the drop when the contract was entered into in June.

Can Lee rescind the contract?

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第6题
Question 6

Busy Company is a retailer. Most of its sales are made on credit terms. The following information relates to the first 4 years.

Year 1 Year 2 Year 3 Year 4

$ $ $ $

Trade Debtor as at 31 December 500,000 400,000 550,000 600,000

Bad debt written off for

the year ended 31 December - 30,000 10,000 29,000

Busy Company decides to set aside a provision for bad debts equivalent to 5% of trade debtors as at year end.

Required:

(a)Show how the provision for bad debts would be disclosed in the balance sheet as at 31 January Year 1 to Year 4.

(b)Calculate the bad debt expenses for the respective profit and loss account for each of the 4 years.

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第7题
?Read the article about the cash basic of accounting.?Choose the best word to fill each ga

?Read the article about the cash basic of accounting.

?Choose the best word to fill each gap, from A, B, C or D.

?For each question 19—33, mark one letter (A, B, C or D) on your Answer Sheet.

?There is an example at the beginning.

Under the cash basis of accounting, a firm recognizes revenues from selling goods and providing Services in the period when it receives cash from customers. It reports (19) in the period when it makes cash expenditures for merchandise, salaries, insurance, taxes, and (20) items. To illustrate the measurement of performance under the cash basis of accounting, consider the following example.

Donald and Joanne Allens open a hardware store on January 1, Year 1. The firm receives $20,000 (21) cash from the Aliens and borrows $12,000 from a local bank. It must repay the loan on June 30, Year 1, with interest charged (22) the rate of 12 percent per year. The firm rents a store building on January 1, and pays 2 months' rent of $4,000 (23) . On January 1, it also pays the premium of $ 2,400 for property and liability insurance coverage for the year (24) December 31, Year 1. During January it acquires merchandise costing $40,000, (25) it purchases $26,000 for cash and $ 14,000 on account. Sales to customers during January total $50,000, of which $34,000 is for (26) and $16,000 is on account. The acquisition cost of the merchandise (27) during January is $32,000,and various employees receive $5,000 in salaries.

Lawyers, accountants, and (28) professionals are the principal entities that use the cash basis of ac counting. These professionals have (29) small investments in multiperiod assets, (30) buildings and equipment, and usually collect cash from clients soon after they (31) services. Most of these firms actually use a modified cash basis of accounting, under which they (32) the costs of buildings, equipment, and similar items as assets (33) .

Most individuals use the cash basis of accounting for the purpose of computing personal income and person al income taxes.

(19)

A.by using up

B.expenses

C.by spending

D.expense

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第8题
Section BDirections: In this section, you will hear 3 short passages. At the end of each p

Section B

Directions: In this section, you will hear 3 short passages. At the end of each passage, you will hear some questions. Both the passage and the questions will be spoken only once. After you hear a question, you must choose the best answer from the four choices marked A, B, C and D.

听力原文: Every culture and every country in the world celebrates the New Year,but not every one does it in the same way. The countries of Americans Europe welcome the New Year on January 1.This practice began with the Romans. Julius Caesar changed the date of the New Year from the first day of March to the first day of January.In the Middle East,the New Year is when spring begins.People in China and Vietnam celebrate on the first day of their calendar based on the moon.The day usually comes between January 21 and February 19.

In all of these cultures,there is a practice of making noise. People made noises in old times to drive away the evil spirits from the home. In Japan,people go from house to house making noise with drums and sticks.Young people in Denmark throw broken pieces of pottery against the sides of their friends' houses.

In the United States,many people stay up till midnight on New Year's Eve to watch the time pass from one year to the next.Friends often gather together at a party on New Year's Eve,and when the New Year comes,all bells ring;people blow whistles,sing and kiss each other.A favorite Scottish song was sung by everyone together. Black-eyed peas,which are eaten immediately after midnight,are supposed to bring good luck to the person who eats them as his or he first food in the New Year.There is an enjoyable atmosphere all over the world

What do we know about the practice of celebrating the New Year on January 1?

A.Many countries dislike it.

B.All countries observe it.

C.It began with the Americans.

D.It began with the Romans.

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第9题
国产5in套管的外经尺寸为()。

A.125毫米

B.126毫米

C.127毫米

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