Column 1 Column 2 Column 3 Column 4 Repairs expense
What will be an ideal response?
Answer:
Column 1 Column 2 Column 3 Column 4
Repairs expense expense debit inc statement temporary
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Gomer paid the seller of a car with a worthless cheque. He then sold the car to an innocent person who paid him good consideration. Gomer took the money and left the country. The original seller found out who had the car and wanted it back. Who is entitled to the car if the court holds that the contract between the original seller and Gomer is voidable?
A) Original seller B) Gomer C) Innocent purchaser D) The innocent purchaser, but he must pay damages to the original seller E) The original seller, but he must pay compensation to the innocent party
The Fed has goal independence but not instrument independence
Indicate whether the statement is true or false