All categories

3 years ago

Property rights are legally established titles to theâ€‹ ownership. True or False

Business

1 answer:

kakasveta [241]3 years ago

8 0

Answer:

True

Explanation:

The property rights are the rights that are given the authority to use or sell the property resources which fully depend upon the ownership criteria.

It should be legally owned by any person whether such a person is an individual or its a company or government.

The example of the property rights would be intangible or tangible i.e building, patents, land, copyrights, and other intellectual properties.

You might be interested in

Trek Cycles estimates the production of the model X-1 will incur an overhead of 150,000 machine hours and cost $30,000. It takes

Lelechka [254]

Answer:

Unitary cost= $11.2

Explanation:

Giving the following information:

Estimated overhead= $30,000

Estimated machine-hours= 150,000

It takes 6 machine hours per bicycle, a direct material cost of $5 per bicycle, and direct labor of $5 per bicycle.

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 30,000/150,000

Predetermined manufacturing overhead rate= $0.2 per machine hour

Now, we can determine the unitary cost:

Unitary cost= 5 + 5 + 0.2*6= $11.2

3 0

3 years ago

Suppose an American buys stock issued by an Argentinian corporation. The Argentinian firm uses the proceeds from the sale to bui

belka [17]

Suppose an American buys stock issued by an Argentinian corporation. The Argentinian firm uses the proceeds from the sale to build a new office complex. This is an example of foreign <u>portfolio</u> investment in Argentina.

The following are the policies that are consistent with the goal of increasing productivity and growth in developing countries:

b. Providing tax breaks and patents for firms that pursue research and development in health and sciences.

c. Protecting property rights and enforce contracts.

<u>Explanation</u>:

A foreign portfolio investment is the investment made by a foreigner in the form of purchase in country’s stock and bond markets or deposit of money in bank.

Foreign portfolio investment is important because it gives high risk-adjustment return to the investors. The investors get the opportunity to engage in international diversification of portfolio assets.

The growth of the developing countries can be increased by enforcing contracts and providing patents for the firms that deal with research and development in health and sciences.

5 0

3 years ago

All of the following are examples of a commodity except

elena55 [62]

The correct answer to this is B) a designer handbag. This is not a commodity. A commodity is anything that is considered a raw material.

3 0

3 years ago

Read 2 more answers

Sonny's Surfer Shop produces and sells custom surf boards. Assume that labor is the only input that varies for the firm. The fir

faltersainse [42]

Answer:

B) For the 11th worker, the value of the marginal product of labor is $4,000.

Explanation:

The marginal product of labor (MPL) of a company is the total change in output achieved by hiring an additional worker. To calculate the MPL we have to multiply the change in output (measured in units) times the revenue generated by every extra unit of output.

In this case, the MPL = 2 surfboards x $2,000 per surfboard = $4,000

5 0

3 years ago

If the par value of a stock is $5 and the offering price of the stock is $2, the capital in excess of par is:

mr_godi [17]

You cannot compute for the capital in excess of par since you don’t have the number of shares but let us assume there are 100,000 shares.

If the Company sell 100,000 shares of its common stock for $2 per share, and the par value of each share is $5, then the amount of the capital in excess of par is 100,000 shares x $3/share, = 300,000 and is recorded:

Cash 500,000

Common stock ($2 x 100000) 200000

Additional Paid-In Capital($3 x 100000) 300000

4 0

4 years ago