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german
2 years ago
13

The law used by cities and counties for street improvements, in which a typical example would be that the local government hires

a contractor to improve streets, and then each owner along that street is liable for paying a pro rata share of that cost, is known as:
Business
1 answer:
viva [34]2 years ago
6 0

The law for making improvements in the streets where the local government hires a contractor and each of the owners pays the cost of improvement in proportionate share is called the Street Improvement Act.

<h3>What is meant by streets?</h3>

Streets are the local surroundings of the state in which the people are living and are managed by the municipal government.

  • The Street Improvement Act was passed in the year 1911 which concerns making improvements in the streets by the local government.
  • A contractor is being hired by the government for this in which the cost of the improvement is paid by the owners.
  • The cost can be paid by the owners either within the time span of thirty days or if not paid by them, then the bonds have been sold by the government to reimburse the contractor.

Therefore, the provided law relates to the act passed in the year 1911 being called The Street Improvement Act.

Learn more about the local government in the related link:

brainly.com/question/22670499

#SPJ1

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Answer:

Correct option is (b)

Explanation:

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Here, Get smart university plans to increase tuition fees assuming that there will be no change in demand for the seats offered by the university due to increase in price. So, it assumes that demand is inelastic.

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3 years ago
Beth needs a new roof. She finds Clancy, a roofing contractor, through an ad he posted in the local newspaper. Clancy paid $60 t
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Answer:

The transaction costs associated with this exchange are $155

Explanation:

The computation of the transaction cost which is associated with this exchange is shown below:

= Ad charges in the newspaper + law firm write up charges

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= $155

It includes various cost like - transportation cost, legal fees, communication charges, etc.

The installation of Beth's new roof is not considered in the computation part because it is not an exchange transaction cost. So, this cost is ignored.

6 0
3 years ago
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3 years ago
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2 years ago
Bartoletti Fabrication Corporation has a standard cost system in which it applies manufacturing overhead to products on the basi
vazorg [7]

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Total of the variable overhead rate and fixed manufacturing overhead budget variances for the month = $9,096 Unfavorable

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