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ratelena [41]
3 years ago
15

In 2001, puerto rico enacted a law that requires specific labels on cement sold in puerto rico and imposes fines for any violati

ons of these requirements. the law prohibits the sale or distribution of cement manufactured outside puerto rico that does not carry a required label warning that the cement may not be used in government-financed construction projects. antilles cement corp., a puerto rican firm that imports foreign cement, filed a complaint in federal court, claiming that this law violated the dormant commerce clause. (the dormant commerce clause doctrine applies not only to commerce among the states and u.s. territories, but also to international commerce.) did the 2001 puerto rican law violate the dormant commerce clause
Business
1 answer:
Nataly_w [17]3 years ago
7 0

The Dormant Commerce Clause is not found in the Constitution, however, it allows the US federal government to regulate commerce within the states, US territories, and international commerce. Therefore, When any state law contrasts with the Commerce Clause, the dormant commerce clause takes effect. Now in this situation, Puerto Rico is restrained from enforcing any laws concerning commerce, since it is still under "US territories, the control to exercise such is left to the US government. So, based on this facts, I will say YES the Puerto Rican law broke the dormant commerce clause. Puerto Rico as a US territory does not have the power to regulate the cement labels because this law concerns commerce.

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Roland Enterprises, an American company, has a manufacturing facility in France in order to serve customers throughout Europe. R
Aleks04 [339]

Answer:

regional manufacturing strategy

Explanation:

Regional manufacturing strategy -

It refers to the strategy  adopted by the firm or organisation that set up one of the company's unit in some other country , is referred to as regional manufacturing strategy .

In this strategy the people of the country are given importance and the tries to expand the business by looking after the likes and dislike of the people.

Similarly in the question ,

The American company set up their manufacturing unit in France ,

and

Hence tries to consider the likes and dislike of the people of France , there by using the regional manufacturing strategy .

8 0
3 years ago
Lily Tucker (single) owns and operates a bike shop as a sole proprietorship. In 2019, she sells the following long-term assets u
mel-nik [20]

Answer:

Tax Liability  = $59,170

Explanation:

Profit on building = 234,000-(204,000-56,000)

Profit on building = $86,000

Loss on equipment = 84,000 - (152,000-27,000)

Loss on equipment = $41,000

Net profit = Profit on building - Loss on equipment

Net profit = $86,000 - $41,000

Net profit = $45,000

Taxable income before transaction = $194,500

Total taxable income = $194,500 + $45,000

Total taxable income = $239,500

According to tax rules

Tax Liability  = ($194,500 - $85,650)28% + 17,442 + ($45,000 )(25%)

Tax Liability  = $47,920 + $11,250

Tax Liability  = $59,170

5 0
3 years ago
Modern Railways Co. operates a cargo railroad service between New York and Boston. A train owned by Modern Railways derails due
horsena [70]

Answer:

d. Special damages

Explanation:

Special damages -

It refers to as a some particular type of damages that occurs because of the violation of some contract or rule , is referred to as a special damage .

In case the rule is not followed or the contracted is violated , then special damages are applied .

All the covers for the special dam,age is pre- decided and is mentioned in the contract .

Hence , from the given scenario of the question ,

The correct answer is d. special damages .

4 0
3 years ago
Interview any local business owner and request him/her to identity any business problem that they are experiencing
Goshia [24]
I interviewed a local talent management firm's about her business problem that they currently experienced.

Currently, they faced problem from the power of social media. In the past, many artists relied on talent management firm to gain exposure, but today, they can find that exposure through social media. (i.e : youtube, facebook)
7 0
3 years ago
The total debits in the After-Closing Trial Balance will equal:______
Mnenie [13.5K]

Complete Question:

Shown below is a trial balance for Novelty Toys, Inc., on December 31,after adjusting entries:

                                         Novelty Toys, Inc.

                                  Trial Balance December 31

Cash                                                $7,750

Accounts Receivable                     $6,375

Office Equipment                           $11,250

Accumulated Depreciation                                      $3,000

Accounts Payable                                                     $3,875  

Capital Stock                                                             $11,250

Retained Earnings                                                     $0

Dividends                                                                   $3,750

Fees Earned                                                             $22,750

Salaries Expense                                                      $8,000

Advertising Expense                      $1,625  

Depreciation Expense                   <u>$2,125 </u>              <u>                </u>

                                                       $40,875             $40,875

The total debits in the After-Closing Trial Balance will equal:

Select one:

a. $25,375.

b. $29,125.

c. $40,875.

d. $18,125.

Answer:

$25,375

Explanation:

The After-Closing Trial Balance is prepared once the closing entries are posted. This results in closing of expense and income accounts for the year and the resulting balance taken forward to retained earnings. This means that After-Closing Trial Balance would contain only permanent general accounts which are balance sheet items. In the given scenario, the balance sheet debit balances are as under:

Cash                                                $7,750

Accounts Receivable                     $6,375

Office Equipment                           <u>$11,250 </u>

Total Debit Balance                      <u>$25,375</u>

Hence the option A is correct.

7 0
3 years ago
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