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Nostrana [21]
1 year ago
11

Pretend that you are a small business owner in the city of New London. Using the text you just read as well as your knowledge of

property rights and market-based economies, compose a two-paragraph letter to the editor that expresses your opinion about whether eminent domain was justly applied in the Kelo case. Be sure to include:
Business
1 answer:
Scilla [17]1 year ago
5 0

The Kelo case proved to be a revelation for many New Londoners about their property rights.

<h3>How to illustrate the information?</h3>

Dera editor,

Small business owners have to be careful to avoid falling under the radar of government development projects.

Until now, I was under the impression that eminent domain gave the government the right to take private property as long as it was for public use.

My assumption included that public use defined anything that the public could literally use. Apparently, the court went with a broader interpretation of public use under which “a taking is constitutional if it serves a public purpose” (Kelo v. City of New London).

This interpretation means public use includes anything that is deemed fit for public purpose, even though I or most citizens may not be able to directly use it.

This raises the concern of what all could fall under public use. I trust that the government won’t go on seizing private properties for its unrestrained use. However, the Kelo case still proves to be a matter of concern for me.

Learn more about eminent domain on:

brainly.com/question/9308155

#SPJ1

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Liberty is calculating her cost of goods sold to enter on her Schedule C. Her inventory at the beginning of the year amounted to
MakcuM [25]

Answer:cost of goods sold for  Liberty to enter on her Schedule C = $12,000

Explanation:

 Cost of goods sold (COGS) of a company are all the  costs ie( the raw materials and labor ) involved directly in the production of the particular  goods sold by the company.

Given

Beginning Inventory = $50,000

Purchases regarding Labour and materials= $20,000

Ending inventory = $58,000

Cost of Goods Sold is calculated as Beginning Inventory + Purchases During the Period – Ending Inventory

$50,000 + $20,000 - $58,000

$70,000 - $58,000

$12,000

5 0
2 years ago
Ricardo buys a coffee maker as a gift for his sister. The product turns out to be defective. Ricardo knows that he can complain
Natali5045456 [20]

Answer:

the entire supply chain (hope this helps) pls i need one more brainly to rank up

4 0
3 years ago
What type of hazard could occur by wearing jewelry while preparing food
lbvjy [14]

Answer:

it can fall into the food

3 0
2 years ago
Surreal Corp. has borrowed to invest in a project. The loan calls for a payment of $17,500 every month for three years. The lend
Marianna [84]

Answer:

The rate at which to discount the payments to find sum borrowed is 12.68%

Explanation:

The discount rate to be used in computing the sum borrowed can e derived from the effective annual rate formula below:

Effective annual rate = (1 + Quoted interest rate/m)^m - 1

quoted interest rate is 8.40

m is the number of months in a year when compounding is done which is 12

effective annual rate=(1+8.40%/12)^12-1

effective annual rate=(1+0.01)^12-1

effective annual rate=(1.01)^12-1

effective annual rate=1.12682503 -1

effective annual rate=0.12682503=12.68%

7 0
3 years ago
A domestic company creates a strategic partnership with a foreign company in order to enter a foreign market. Both companies sha
Masja [62]

When two companies come together strategically to operate is called a joint venture.

<h3>What is a Joint Venture?</h3>

A Joint simply put is when two separate entities or business agree to share resources with the aim of archeiving similar or one objective.

Mostly, this is carried out when a  company intend to enter a foreign market.

Learn more about joint venture here:

brainly.com/question/9389546

6 0
1 year ago
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