question archive 1) Las vegas Sands , LLC, d
1) Las vegas Sands , LLC, d
Subject:BusinessPrice: Bought3
1) Las vegas Sands , LLC, d.b.a. Venetian Resort Hotel Casino v. Nehme
What are the requirements for a negotiable instrument?
Should gambling casinos advance credit to gamblers?
How important are negotiable instruments in conducting business?
What is your opinion on the outcome of the case? Do you agree or disagree with the ruling? Explain.
2) Pretend you are an expert consulant hired by Toys4U to help with proper
revenue recognition. Based on your understanding of the 5 indicators of performance obligations from LO 6-2 and Consignment Arrangements from LO 6-7, page 301, would Toys4U recognize revenue or not? Please explain in the form of a business memo to the accounting team at Toys4U.
