1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
Kingbird Industries had one patent recorded on its books as of January 1, 2020. This patent had a book value of $249,600 and a r
dimulka [17.4K]

Answer:

The amount patent(s) should be reported on the December 31, 2020, balance sheet, assuming monthly amortization of patents, is $32,300.

Explanation:

This can be calculated as follows:

Patent book value = $249,600

Remaining useful years January 1, 2020 = 8

Remaining useful months of the patents from January 1, 2020 = Remaining useful years January 1, 2020 * 12 8 * 12 = 96

Monthly Patent book value = Patent book value / Remaining useful months = $249,600 = $2,600

Patent book value amortized from January 1, 2020 to December 1, 2020 = Monthly Patent book value * 12 = $2,600 * 12 = $31,200

Legal fee incurred = $93,500

Number of months from January 1, 2020 to December 1, 2020 = 11

Relevant months of legal fee incurred starting from December 1, 2020 = Remaining useful months of the patents from January 1, 2020 - Number of months from January 1, 2020 to December 1, 2020 = 96 - 11 = 85

Monthly legal fee = Legal fee incurred / Relevant months of legal fee incurred starting from December 1, 2020 = $93,500 / 85 = $1,100

Amount to report = Patent book value amortized from January 1, 2020 to December 1, 2020 + Monthly legal fee for December 1, 2020 only = $31,200 + $1,100 = $32,300

Therefore, the amount patent(s) should be reported on the December 31, 2020, balance sheet, assuming monthly amortization of patents, is $32,300.

3 0
3 years ago
An econmic model should capture
insens350 [35]

Answer:

The right answer is C.

Explanation:

In an economic model, economic processes of a set of related variables are represented, they present arguments to justify economic policy at the national level, influence business strategies and provide economic advice to households.

Helping the correct allocation of resources both public and business management.

8 0
3 years ago
Which two types of accounts offer tax benefits before saving?
Ainat [17]
A and D are the correct answer
7 0
3 years ago
Xavier is using a query that includes a LIKE comparison operator with the value of A[a-n]*. Which option would match this operat
Lera25 [3.4K]

Answer:

Aaron

Explanation:

3 0
3 years ago
Read 2 more answers
Determine the degree of the polynomial 2x^2y^3-4xy^2
galben [10]
The degree for this is 5
4 0
3 years ago
Other questions:
  • Kingston Co. uses the percentage-of-receivables basis to record bad debt expense.
    8·1 answer
  • Wildhorse Magazine sold 9,240 annual subscriptions on August 1, 2017, for $17 each. Prepare Wildhorse’s August 1, 2017, journal
    9·1 answer
  • a process cost system, the cost of completed production in Department A is transferred to Department B by which of the following
    8·1 answer
  • Dana is watching television when a commercial for a brand of bathroom cleaner comes on. She is not very interested in the produc
    12·1 answer
  • Change champions are more likely to make mistakes:_________.
    5·1 answer
  • Which activity relates to judging the seriousness or gravity of a given problem?
    7·2 answers
  • What is the maximum potential loss for a customer who is short 100 shares of ABC stock at $33 and short 1 ABC Jan 35 Put at $6?
    10·1 answer
  • In the context of the six sections of the Position Analysis Questionnaire (PAQ), _____ represent the reasoning, decision-making,
    8·1 answer
  • During the 2008 election period the United States
    6·1 answer
  • Residents of poor countries tend to have fewer automobiles per capita because Group of answer choices lower per capita real gros
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!