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1 year ago

To what degree a country's legal system is based on the rule of law matters little in international business.

Business

1 answer:

marissa [1.9K]1 year ago

3 0

Rule of law is very important in case of country’s legal system

This means that no one can be regarded to be above the law in a society where the rule of law exists. In a parliamentary democracy, the rule of law places a duty on all citizens to uphold the law, and in order to do so, the legislation must be just and not arbitrary. The goal of the rule of law, like other constitutional concepts, is to advance peoples' freedom and basic rights.

People and corporations must abide by the regulations set forth by the rule of law in order to avoid penalties. The rule of law establishes norms for businesses so that they, too, know what is required of them in their transactions and enables people to comprehend what is expected of them in their personal capacities.

Learn more about rule of law at

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. Which business practice did Rockefeller repeatedly use that helped him succeed in building his oil monopoly?

PSYCHO15rus [73]

The correct answer is<span> D.In all his businesses, Rockefeller made sure that he controlled all aspects of production.

What he did for example for oil was control all things relevant for oil such as rigs, refinement, transportation, gas stations, roads, all kinds of similar things. This way nobody could bother him in any way and he could dictate the prices and the market. </span>

8 0

3 years ago

Read 2 more answers

Bramble Corp. reported the following items for 2016: Income tax expense $62000 Contribution margin 180000 Controllable fixed cos

Ivenika [448]

Answer:

controllable margin = $100,000

Explanation:

given data

Income tax expense = $62000

Contribution margin = 180000

fixed costs = 80000

Interest expense = 68000

Total operating assets = 40000

to find out

How much is controllable margin

solution

we get here controllable margin that is express as

controllable margin = contribution - controllable fixed cost ....................1

put here value we get

controllable margin = 180000 - 80000

controllable margin = $100,000

4 0

3 years ago

When a dividend is not declared on preferred stock, and the common shareholders cannot receive a dividend until all past and cu

Lady_Fox [76]

Answer:

cumulative.

Explanation:

Cumulative preferred stock is defined as a type of stock that states that if any dividend payments have been missed the first payment of the owed dividends must be done to cumulative preferred shareholders in first instance

4 0

3 years ago

ames Sprater of Grand Junction, Colorado, has been shopping for a loan to buy a used car. He wants to borrow $18,000 for four or

Ghella [55]

Answer:

James' credit union loan rate is 8.88% APR, the local bank loan rate is 9.34% APR.

Explanation:

Hi, since in both cases payments would be done in a monthly basis, we have to assume that the rate that we are looking for is APR (compounded monthly), and since there is no additional information in regards that 9.25% rate, we can assume that this is effective annually, so let´s convert this effective monthly rate into APR (compounded monthly)

First, we have to convert it into an effective monthly rate, that is:

$r(month)=((1+r(annual))^{\frac{1}{12} } -1)$

$r(month)=((1+0.0925)^{\frac{1}{12} } -1)=0.00739963$

Then we multiply by 12 and we get 0,088796 , which is 8.88% APR (compounded monthly)

This way James can compare both credits. The cheaper loan is from the credit union.

4 0

3 years ago

Where can you access the sample company - Long For Successful Events?

guajiro [1.7K]

The place where you can access the sample company - Long For Successful Events is through the "icon."

In QuickBooks Online Advanced application.

Go to the Settings menu:
Then click on the Icon tab.
Then follow up by selecting the Sample company.

QuickBooks Online is used for many financial activities of a company, such as managing income and expenses, keeping a record of the finances of business activities.

Hence, in this case, it is concluded that the correct answer is through the company <u>icon</u> in the QuickBooks Online settings.

Learn more here: brainly.com/question/20376246

6 0

2 years ago