Hank Sold Three Properties for Mr

question 81

Multiple Choice

Hank sold three properties for Mr.W and had been paid his commission for the first,but not for the last two.Hank had done everything according to the contract and according to the relevant statutes,but Mr.W wouldn't pay.Hank knows that Mr.W has a bank account with the Bank of Montreal and has money owed to him from a Mr.Gregory.If Hank successfully sued Mr.W,which of the following would be false?

• A) The lawsuit commenced by Hank against Mr. W would have been for breach of contract.
• B) Hank could force the bank to pay into court an amount of money from Mr. W's account to satisfy the debt.
• C) Hank could personally seize the property of Mr. Gregory to satisfy the debt.
• D) Hank could get an order commanding a government official to seize enough of Mr. W's goods to satisfy the judgment debt.
• E) Hank could examine Mr. W under oath to determine what assets he has.

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Definitions:

July Production

The volume or quantity of goods and services produced by a company during the month of July.

Variable Overhead Efficiency Variance

The difference between actual and expected (or budgeted) variable overhead costs based on the actual level of production or activity.

July

The seventh month of the year in the Gregorian calendar, commonly associated with the height of summer in the Northern Hemisphere.

Variable Overhead Efficiency Variance

A measurement of the difference between the expected (or standard) amount of variable overhead based on actual output and the actual variable overhead incurred.