Atkins Sold Goldon a Computer; the Price Was $1,200, Due

question 22

Multiple Choice

Atkins sold Goldon a computer; the price was $1,200, due on March 7. Atkins assigned the debt to Fisher, to whom she (Atkins) owed $1,200. Fisher properly notified Goldon of the assignment. On March 7, Goldon notified Fisher that she could not pay the money because of financial difficulties. In this case, Fisher has a legal right to collect the $1,200 from

• A) nobody.
• B) Goldon only.
• C) Atkins.
• D) none of these.

Learn about the tools and technologies used for internet recruitment.

Understand the financial implications of further processing vs. selling at the split-off point in joint production processes.

Identify relevant costs and benefits for decision-making in processing and selling products.

Calculate the financial advantage or disadvantage of processing further versus selling at the split-off point.

---

Definitions:

Conscious Determinants

Factors that are consciously recognized and understood to influence an individual's thoughts, feelings, and behaviors.

Cognitive

Relating to mental activities such as thinking, understanding, learning, and remembering.

Psychoanalytic

Pertaining to a theory of psychology and method of psychotherapy that aims to treat mental disorders by investigating the interaction of conscious and unconscious elements in the mind.

Personality

The characteristic set of behaviors, cognitions, and emotional patterns that evolve from biological and environmental factors.