1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lara31 [8.8K]
3 years ago
14

Plaintiffs purchased state lottery tickets and were winners along with 76 others. The state had advertised that $1,750,000 would

be the prize, but it distributed only $744,471. Plaintiff sued the lottery director, alleging fraud in the conduct of the lottery. The state lottery law provides for administrative hearings upon complaints charging violations of the lottery law or of regulations thereunder. It also allows any party adversely affected by a final order of the administrative agency to seek judicial review. Must the plaintiffs exhaust their administrative remedies? Why or why not?
Business
1 answer:
GenaCL600 [577]3 years ago
5 0

Answer:

  • yes
  • Because the state lottery provides for administrative hearings

Explanation:

The plaintiffs must exhaust their administrative remedies before a court of law  would grant them the opportunity to pursue a legal action against the lottery board because it might a breach in communication or administration from the lottery board or the lottery director and the plaintiffs should  seek to resolve the issues without having to seek a legal action but through administrative remedies and procedures which more swift in resolving such issues

You might be interested in
The National Income and Product Accounts simultaneously provide data on: (a) production and efficiency; (b) technological progre
Slav-nsk [51]
The answer is either a or c
7 0
3 years ago
James Bright's company seeks markets all over the world and attempts to sell products that are a result of planned production fo
drek231 [11]

Answer: (D)  International marketing

Explanation:

 The international marketing is the process of satisfying the actual needs and the requirement of the different types of people inside and also outside the national borders.

The following are the various types of international marketing benefits are:

  • We can use the global web strategy
  • Direct investment
  • Export the various types of products and the services easily

 According to the given question, the international marketing is one of the stage which best characterized the Mr.Bright company in the market. Therefore, Option (D) is correct.

4 0
3 years ago
7. The _____ is a period of time long enough for firms to alter their plant capacities and for the number of firms in the indust
Ber [7]

Answer:

The correct answer is letter "A": long run.

Explanation:

A company sets its sustainability and strategic plans in the long run. The long-term is a long-lasting period of time, typically with a length of more than one (1) year, that firms use to set due dates of when their achievements must be fulfilled. The long-run scope is also useful ate the moment of calculating major debts such as loans with financial institutions for the acquisitions of plants, machinery or any other highly-valuable asset of the organization.

7 0
3 years ago
Prepare Hertog Company’s journal entries to reflect the following transactions for the current year. May 7 Purchases 200 shares
Mrrafil [7]

Answer:

Explanation:

Prepare Hertog Company’s journal entries to reflect the following transactions for the current year.

1. May 7 Purchases 200 shares of Kraft stock as a short-term investment in trading securities at a cost of $50 per share plus $300 in broker fees.

Dr Short Term Investments..............................10,000

Dr Broker Fess..........................................................300

Cr. Cash.................................................................................10,300

<em>Being purchase of 200 shares of Kraft stock as a short-term investment in trading securities at a cost of $50 per share plus $300 in broker fees</em>

<em />

2. June 6 Sells 200 shares of its investment in Kraft stock at $56 per share. The broker’s commission on this sale is $150.

Dr Cash................................................................11,050

Dr Broker Fess........................................................150

Cr. Cash............................................................................10,000

Cr. Gain on Sale of Short-term investments..............1,200

Being Sale of 200 shares of its investment in Kraft stock at $56 per share. The broker’s commission on this sale is $150

4 0
3 years ago
On November 1, 2021, Green Valley Farm entered into a contract to buy a $150,000 harvester from John Deere. The contract require
pickupchik [31]

Answer:

The multiple choices are missing from the question as shown below:

credit to Accounts Receivable for $150,000

credit to Sales Revenue for $150,000.

credit to Unearned Sales Revenue for $150,000.

debit to Unearned Sales Revenue for $150,000.

The correct option is credit to unearned sales revenue of $150,000

Explanation:

The accrual concept of accounting used by professionals the world over,requires that revenue be recognized when the seller has discharged his obligations to the buyer,that when goods are delivered to the buyer.

However, the upfront of receipt of cash by John Deere cannot be termed sales since the obligation of delivering harvester has not been fulfilled,as a result the amount received would termed unearned sales revenue, a liability until the delivery takes place.

The appropriate entries are :

Dr Cash                                         $150,000

Cr Unearned sales revenue                             $150,000

3 0
3 years ago
Other questions:
  • For a school to be accredited, it must be certified in all of the following except _____.
    15·2 answers
  • What is the role of the Office of Management and Budget?
    15·2 answers
  • One person’s spending becomes another person’s income. This statement is
    13·1 answer
  • Tolino Company signed a 5-year note payable on January 1, 2019, of $200,000. The note requires annual principal payments each De
    15·1 answer
  • Theresa, an outside sales person, uses her car for both business and pleasure. Last year, she traveled 30,000 miles, using 900 g
    13·1 answer
  • ___________ replace the typical magnetic strip on a credit or debit card with a microprocessor. smart cards
    7·1 answer
  • A1 Co. has a process costing system. All materials are added when the process is first begun. At the beginning of May, there wer
    8·1 answer
  • The use of __________ has increased productivity along the assembly line and within service-based businesses while simultaneousl
    12·1 answer
  • The Chewbacca Starship Company had the following transactions during the month of December:
    7·1 answer
  • Ngày 1/9/N, doanh nghiệp mua một lô hàng X, giá mua trên hóa đơn: 50.000. Giá cước vận chuyển lô hàng này về kho: 6.000; chi phí
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!