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ivolga24 [154]
3 years ago
15

Is the state court in Nebraska obligated to follow the California Supreme Court’s decision? Explain. At least a four-sentence an

swer.
Business
1 answer:
Bezzdna [24]3 years ago
3 0

Answer:

Only a decision made by the US Supreme Court is binding to all the courts in the country (regarding federal laws). Decisions made by the California Supreme Court are binding for all the state courts in California (not federal courts), but they are not binding to other courts outside California.

The logic behind this is that California laws might be different than Nebraska laws, and therefore, even if the crime committed is the same, the punishment or procedures might vary and a lot. Some court cases may serve as precedents and might be used by courts in different states, but they are not binding in any way and it depends on the interpretation of the local court to do so.

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Sunland Company took a physical inventory on December 31 and determined that goods costing $190,500 were on hand. Not included i
Sergio [31]

Answer:

$241,500

Explanation:

Calculation for What amount should Sunland report as its December 31 inventory

December 31 inventory per physical count $190,500

Add Goods-in-transit purchased FOB shipping point $29,000

Add Goods-in-transit sold FOB destination $22,000

December 31 Inventory $241,500

($190,500 + $29,000 + $22,000 = $241,500)

Therefore What amount should Sunland report as its December 31 inventory is $241,500

8 0
2 years ago
Venus Inc., a manufacturer of canned meat, tried to market its canned beef products in India. Since cows are considered sacred i
Dafna11 [192]

Answer:

cultural

Explanation:

Based on the scenario being described it can be said that this  indicates that Venus Inc. did not understand the cultural environment in India. A cultural environment are the different beliefs, practices, behaviors, and norms that exist in a society. Cows being sacred is a belief in Indian culture, and the lack of this knowledge is what caused the marketing strategy to fail.

4 0
2 years ago
Read 2 more answers
Jayden’s client tells him, “I open up my closet in the morning, and there are too many choices. I’m getting rid of all the wild
Maru [420]
D, minimalism, since they want to get rid of items
5 0
2 years ago
Degree of Operating Leverage Chillmax Company plans to sell 3,500 pairs of shoes at $60 each in the coming year. Unit variable c
Anna11 [10]

Answer:

1.8

Explanation:

Sales= $60

Variable cost= $21

Quantity= 3,500 pairs of shoes

Fixed operating cost= $58,500

The first step is to calculate the total contribution margin

= sales-variable cost × Quantity

= $60-$21 × 3500

= $39 × 3500

= $136,500

The operating income can be calculated as follows

= Sales - variable cost × Quantity - fixed operating costs

= $60-$21×3500-58,500

= $136,500-58,500

= $78,000

Therefore the degree of operating leverage can be calculated as follows

= Total contribution margin/Operating income

= 136,500/78,000

= 1.8

Hence the degree of operating leverage is 1.8

3 0
3 years ago
Axle Corporation acquires 100% of Drexel Corporation's stock from Drexel's shareholders for $500,000 cash. Drexel Corporation ha
kotykmax [81]

Answer:

C) $500,000

Explanation:

According to Section 1012, the basis for stock is the purchase cost of stock.

Axle Corporation's basis in the Drexel Corporation stock is $500,000 .

8 0
2 years ago
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