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2 years ago

What two types of powers does Congress have under Article I Section 8 of the US Constitution?

Business

1 answer:

rodikova [14]2 years ago

7 0

The two types of powers that Congress does have under Article I Section 8 of the US Constitution are as follows-

The Congress shall have Power to lay and collect Taxes, Duties, Imposts and Excises.
The Congress have the power to pay the Debts and provide for the common Defence and general Welfare of the United States but all Duties, Imposts and Excises shall be uniform throughout the United States.

Constitution is the body of doctrines and practices that form the fundamental organizing principle of a political state. In some cases, such as the United States, the constitution is a specific written document.

Section 8 of US Constitution describes about the powers of Congress.

Therefore, the two types of powers that Congress does have under Article I Section 8 of the US Constitution are explained above.

To know more about Constitution, click below-

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4 years ago

ABC Company owns 30% of the outstanding shares of Teal Company. At the beginning of the current year, the carrying value of Teal

BabaBlast [244]

Answer:

$69,000

Explanation:

Percentage of shares owned by ABC in Teal's company = 30%

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Attributable income is the remaining income after dividends have been settled.

<u>Workings</u>

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3 years ago

A firm follows a(n) ________ when less than 70 percent of its revenues come from a single business and there are few, if any, li

zysi [14]

Answer:

A. Unrelated diversification strategy

Explanation:

A firm follows an unrelated diversification strategy when less than 70 percent of its revenues come from a single business and there are few, if any, linkages among its businesses.

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2. Using the existing basic competences of the company and expanding from existing markets into new ones and starting new lines of production.

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