All categories

1 year ago

The most noticeable difference between common-law and code-law systems is found in the laws governing _____.

Business

1 answer:

Elis [28]1 year ago

6 0

The laws governing intellectual property are where common-law and code-law systems most obviously diverge.

<h3>What is intellectual property ?</h3>

The collection of intangible assets that a company or person possesses and is legally entitled to guard against illegal use or application by third parties is referred to as intellectual property.

The concept of intellectual property was developed on the premise that some works produced by the human mind should be afforded the same legal protections as material possessions.

Hence, the difference between common-law and code-law systems is found in the laws pertaining to intellectual property.

Learn more about Intellectual property here:

brainly.com/question/17348419

#SPJ1

You might be interested in

If a team of three workers, each making the U.S. Federal minimum wage, produced these 12 rugs, what would the total labor cost b

sergiy2304 [10]

You need to know how many hours it took these workers to make the rugs to determine the labor cost.

4 0

3 years ago

Profit is the difference between

Arte-miy333 [17]

Answer: D) the amounts received from customers for goods or services and the amounts paid for the inputs used to provide the goods or services

Explanation:

The profit is the difference between the income and the expenses as:

Profit = Income - expense

Income is money that one earn profit in their business and expenses are the money which we spend. And your total income is your revenue. And if the number is in positive value then, it makes profit. Therefore, (D) is the correct option.

8 0

2 years ago

Carter co. sells two products, arks and bins. last year, carter sold 14,000 units of arks and 56,000 units of bins. related data

grigory [225]

The answer to the problem below is:

Carter Corporation sells two products, one is Arks and the other one is Bins. Last year, Carter Corporation was able to sell 14,000 units of Arks and 56,000 units of Bins. The related data are the following listed below:
1. unit contribution, selling, unit variable and product
2. price cost margin

6 0

3 years ago

Sam Robinson borrowed $11,000 from a friend and promised to pay the loan in 10 equal annual installments beginning one year from

Y_Kistochka [10]

Answer:

P = $1790.01

Explanation:

Given data:

Borrowed money = $11,000

Number of installment = 10

Annual rate of interest = 10%

$11,000 = P(1.1)^1 + P(1.1)^2 + P(1.1)^3 + P(1.1)^4 + P(1.1)^5 + P(1.1)^6 + P(1.1)^7 + P(1.1)^8 + P(1.1)^9 + P(1.1)^10$

$\frac{11,000}{17.53} = P$

P = $627.45

PV of annuity is given as:

$PV of annuity = P*[\frac{(1-(1+r)^{-n})}{ r}]$

P - Periodic payment

r - rate per period

n - number of periods

$11,000 = P*[\frac{(1-(1+0.1)^{-10})}{0.1}]$

P = $1790.01

4 0

2 years ago

Brummitt Corp., is evaluating a new 4-year project. The equipment necessary for the project will cost $2,000,000 and can be sold

sergejj [24]

Answer:

The aftertax salvage value of the equipment is $302,964

Explanation:

In order to calculate the aftertax salvage value of the equipment, first we would need to calculate the Book value of the equipment after 4 years as follows:

Book value of the equipment after 4 years = Purchase price *(1-depreciation rate each year)

= $2,000,000*(1-0.2-0.32-0.192-0.1152)

=$345,600

Loss on sale = $281,000-345,600

= 64600

Tax benefit on loss = $64,600*34% = $21,964

Therefore, After tax salvage value = selling price + tax benefit

= $281,000 + $21,964

=$302,964

The aftertax salvage value of the equipment is $302,964

5 0

3 years ago

Read 2 more answers