The many natural waterways provided cheap movement of goods to market. <br> a. True <br> b. False

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

Elis [28]

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:

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6 0

2 years ago

Check my work Check My Work button is now enabledItem 3Item 3 3.16 points Exercise 7-6 Percent of accounts receivable method LO

Y_Kistochka [10]

Answer:

Journal entries

(a)

Dr. Bad Debt Expense $1,736

Cr. Allowance for Doubtful Accounts $1,736

(b)

Dr. Bad Debt Expense $3,398

Cr. Allowance for Doubtful Accounts $3,398

Explanation:

Bad debt Expense will be calculated using the percentage of debt loss. The expense will be calculated using the account receivable balance.

Closing Value of the Allowance for Doubtful Accounts will be as follow

Closing Balance = $75,500 x 4% = $3,020

(a)

As Allowance for Doubtful Accounts already have credit balance of $1,284, we need to adjust the remainder to make the closing balance of Allowance for Doubtful Accounts $3,020 at the year end.

Adjustment Value = $3,020 - $1,284 = $1,736

(b)

As Allowance for Doubtful Accounts already have debit balance of $378, we need to adjust the remainder to make the closing balance of Allowance for Doubtful Accounts $3,020 at the year end.

Adjustment Value = $3,020 + $378 = $3,398

8 0

4 years ago

Hammond Suppliers expect sales of 202,801 units per year with carrying costs of $3.08 per unit and ordering cost of $9.33 per or

Rina8888 [55]

Answer: 554 units

Explanation:

The formula to calculate the optimal average number of units in the inventory will be calculated as:

= EOQ/2

EOQ is the economic order quantity and this will be:

= √(2 × Annual demand × Ordering cost / Carrying cost

= √(2 × 202,801 × 9.33)/3.08

= ✓1228658.5

= 1108.5

Therefore, the optimal average number of units in the inventory will be:

= EOQ/2

= 1108.5/2

= 554.25

= 554 units approximately

8 0

3 years ago

The simple circular flow model shows that A. total income received by households is less than the total value of goods and servi

mars1129 [50]

Answer:

The answer is B.

Explanation:

The simple circular flow model is also known as two-sector circular flow of income model and the the two sectors are firms and households. There is no government sector or foreign sector.

It assumes that households spend all their income on goods and services produced by firms while the firms spend their income on factors of production (labor, land etc.) which are owned by households.

Therefore, total income received by households will be equal to the dollar value of all goods and services produced.

7 0

3 years ago

Users are trying to create Opportunities and are receiving errors when populating a custom picklist field. When user select eith

Dahasolnce [82]

Answer:

There are contradicting validation rules on the picklist field

Explanation:

There are contradicting validation rules on the picklist fields

5 0

3 years ago

The many natural waterways provided cheap movement of goods to market. a. True b. False