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maw [93]
1 year ago
8

california, as a means to protect its environment, passes a law to ban a certain substance manufactured in kansas by xyz corpora

tion. xyz corporation can challenge california’s legislation as a violation of the
Business
1 answer:
Svetllana [295]1 year ago
3 0

The XYZ corporation may sue California for violating the dormant commerce clause. prohibits states from enacting legislation that significantly impedes interstate commerce.

<h3>What is interstate commerce?</h3>
  • Interstate commerce refers to the transacting or transportation of goods, services, or money across state lines.
  • Federal courts, for example, have considered cattle crossing a state line while grazing and the movement of pollutants across state lines to be interstate commerce in order to uphold Congress' regulatory jurisdiction.
  • In the United States, interstate commerce refers to any commercial transactions or traffic that cross state lines or involve more than one state.
  • The Interstate Commerce Act of 1887 is a federal law of the United States that was enacted to regulate the railroad industry, specifically its monopolistic practices.
  • The Act required railroad rates to be "reasonable and just," but it did not give the government the authority to set specific rates.

To learn more about interstate commerce, refer to:

brainly.com/question/4656005

#SPJ4

You might be interested in
How do you know which unit of a conversion factor must be in the denominator?
Zinaida [17]
If it does help please Mark Brainliest...

The unit that is used in the denominator is the one to cancels the unit that appears in a numerator.


Thanks
5 0
3 years ago
Choate International plans to issue $15 million in 10-year bonds. They believe they can afford to pay $1,150,000 in interest to
Luda [366]

Answer:

Correct option is (B)

Explanation:

Given:

Bond issue amount = $15,000,000

Market interest rate = 7.75%

Investors cannot pay interest more than $1,150,000

Choate cannot choose 6.5%, the bond will become less attractive to investors as it indicates that the bond is selling at discount.

If 7.75% interest is given that is the market interest, then interest amount would be $1,162,500 (15,000,000 × 0.0775)

Choate cannot afford to pay more than $1,150,000, so it cannot offer bonds at 7.75% or 8.1%.

The only option left is 7.65%. Interest amount would be $1,147,500 (15,000,000 × 0.0765) which is less than what the company can afford. Also, it is just marginally lesser than market interest rate of 7.75%, so bonds would still be attractive.

Choate should select 7.65%.

3 0
3 years ago
Which countries were involved in the central powers alliance.
kirza4 [7]
Germany, Austria-Hungary, Ottoman Empire and Bulgaria.
7 0
3 years ago
Thailand has a comparative advantage in rice and an absolute advantage in cell phones Indonesia has a comparative advantage in c
Aleonysh [2.5K]

Answer:

d. Thailand should export rice and import cell phones

Explanation:

Analyzing the question, it is correct to say that Thailand should export rice and import cell phones.

To understand why this statement is correct, we need to understand the concept of comparative advantage and absolute advantage.

The comparative advantage occurs when a country has great efficiency in producing a certain good, that is, the production is specialized and therefore advantageous in relation to another country. So it is correct to say that Thailand, having a comparative advantage in rice, should export rice to achieve greater economic advantage.

The absolute advantage, on the other hand, corresponds to the production of a good with lower costs than another country, but Thailand should import cell phones because Indonesia has a comparative advantage in cell phones, which makes it more competitive than Thailand in this segment.

3 0
2 years ago
A firm’s stock is expected to pay a $2 annual dividend next year, and the current $50 stock price is expected to rise to $60 ove
pochemuha

Answer:

Expected rate of return will be 24%

So option (b) will be correct option

Explanation:

We have given dividend in next year will be $2

So dividend D_1=2$

Current stock price P_0 = $50

And it is given that in next year stock price is $60

So growth rate =\frac{60-50}{50}=0.2 = 20%

We have to find the expected return after 12 month, that is after 1 year

We know that current price is given by P_0=\frac{D_1}{R_e-g}

50=\frac{2}{R_e-0.2}

50R_e-10=2

50R_e=12

R_e=0.24 = 24%

So expected rate of return will be 24%

So option (B) will be correct option

3 0
3 years ago
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