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Zarrin [17]
3 years ago
5

In many states, the minimum amount that stockholders must contribute to the corporation, and which is intended to protect the cr

editors of the corporation, is called the:
Business
1 answer:
Veseljchak [2.6K]3 years ago
4 0
<span>Answer: Minimum legal capital Explanation: The primary intention of minimum legal capital was to create a reserve amount that could be accessed by a company in case of default. Minimum legal capital is the par value of common stock and the stated value of the preferred stock that a business has sold or otherwise issued to investors.</span>
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Congress wishes to impose regulations on the insurance industry. What test would the United State Supreme Court use to determine
abruzzese [7]

Answer:

Three part test.

The outcome: if the three requirements are not met, then there is not point the Government should interfere.

At the end, the law will be held.

Explanation:

In some cases, the courts are allowed to protect individual, company or business organization from Government interrupting with these individuals or business organization "fundamental right" and this is the "substantive due process rights " of insurance companies as mentioned in the question above.

The test that the United State Supreme Court can use to determine whether the regulations they want to enact would violate the substantive due process rights of insurance companies is what is known as the THREE PARR TEST.

THE THREE PART TEST has its root from cases such as that of Pasgraf V Long Island Railroad co. The three part test involves three main subjects and they are;

=> foreseeability: are the policies in which insurance companies work going to affect the consumers in the future?

=> proximity: what kind of relationship do the insurance companies have with there consumers?

=> fairness: are these policies just and fair?

CONCLUSION: if the three requirements are not met, then there is not point the Government should interfere.

6 0
3 years ago
What are three causes and effects of the haymarket square riot
Ulleksa [173]
Effects:

increased anti-labour and anti-immigrant sentiment and suspicion of the international anarchist movement

Causes:

Haymarket Square turned into a riot after someone threw a bomb at police.
3 0
2 years ago
On January 1, 2022, the Sheridan Company ledger shows Equipment $49,700 and Accumulated Depreciation $18,280. The depreciation r
Lisa [10]

Answer:

revised annual depreciation will be : 13710

Explanation:

After revision the remaining life of equipment shrank down to 2 years, so the depreciation working will be worked out to adjusted the impact of decreasing of useful life.

As per existing information the depreciation charges are calculated as :

(Cost-Salvage Value)/Useful life= (49700-4000)/10 = 4570

Accumulated Depreciation indicates that 4 years have past by (18280/4570)

now remaining years are 6 which will be reduced to 2 after revision so the new working will be as follows:

Remaining Cost :31420  (49700 -18280)

Salvage Value : 4000

Revised Remaining Useful Life  : 2

Revised Calculated Depreciation Annual  : (31420-4000)/2 = 13710

It can be further verified through simple math also:

Adding annual depreciation of remaining 2 years : 13710 +13710 =27420

Value available for depreciation after salvage value : 31420 -4000= 27420

3 0
3 years ago
The ________ is where quantity demanded and quantity supplied are equal at a certain price.
nikklg [1K]
The answer to this question is Equilibrium price
The equilibrium price most commonly indicate the price level where both sellers and buyers feel satisfied.
In this level, the buyers will get the maximum value from the products while the sellers still maintaining a sustainable level of profit to continue their business.
6 0
3 years ago
Samuel's full retirement age is 65 years old and his monthly benefit at that age is $1,000. According to the Social Security Adm
Marina86 [1]

Answer:

Assuming that Samuel's retiring age is exactly 65 years old, and he starts collecting benefits 24 months before his full retirement age (exactly on his birthday number 63), then he will receive $867 per month (or 86.7% of his full benefits).

This calculation varies depending on the number of months, e.g.

months before full retirement age                   % of full retirement benefit

24                                                                     86.7%

23                                                                      87.2%

22                                                                      87.8%

21                                                                      88.3%

20                                                                      88.9%

19                                                                      89.4%

18                                                                      90.0%

17                                                                      90.6%

16                                                                      91.1%

15                                                                      91.7%

14                                                                      92.2%

13                                                                      92.8%

8 0
2 years ago
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