Quick corp. has $270,000 of outstanding accounts receivable. on march 10, 1988, quick assigned a $30,000 account receivable due from pine, one of quick's customers, to taft bank for value. on march 30, pine paid quick the $30,000. on april 5, taft notified pine of the march 10th assignment from quick to taft. taft is entitled to collect $30,000 from:

both quick and pine

neither quick and pine

pine

quick

quick

Explanation:

Quick

Taft Bank is entitled to collect the money from Quick Corp. and not Pine because it failed to notify Pine of the assignment from Quick Corp. on time. So, now he can collect money from Quick Corp. only.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

the correct answer is d. wealthy colonists to take care of the less fortunate. hope this