This is a territorial restriction.
It even says in the text - territorial restriction refers to when a certain company forbids another company to sell its products in a certain location, because it will interfere with the first company's profits. The same thing happened here, because they don't want any competition on the market.
If a prenup is signed before marriage some could lose all their money. Also whichever one of divorcees get custody over a child will have to pay a fixed amount of child support every month which could also contribute to money loss.
Answer: No, it's still the same
Explanation:
Selling out is the process of having your product completely bought by your customers either at an event or through a period of a day sales. The meaning of the word "sold out" still holds for the past generation and also this generation or teens today
Answer:
a. Debit Accounts receivable for $600
Explanation:
As Greasy catering company provided services but had not got the bill from the customer, it increases an asset. According to the revenue recognition principle, revenue has recognized whenever it is provided not when the cash is received. In that case, the journal entry to record the transaction is -
Accounts receivable (Debit) $600
Revenue (Catering) (Credit) $600
Accounts receivable is debit because the company owes the amount from the customers.
Answer:
Yes, I think McDonald's marketing of its happy meal to children to be unethical because they sell "happiness", "joy", and "fun" as products when they are vague concepts that can't be achieved with their products. Also, because they have built many factories worldwide to produce them and pollute their surroundings. They also use, characters to hook them.
Explanation:
The reasons behind this answer are that in the first place McDonald's sells the concept that this package is filled with "joy", "happiness" and "fun". However, they can't be achieved through them because they are very complex concepts. Also, because their products harm the children's lives and the surroundings of their factories.
