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omeli [17]
3 years ago
9

Common law reflects how society is ever changingm

Business
1 answer:
Sveta_85 [38]3 years ago
6 0

True. Common law reflects how society is ever changing. Common law is unspoken laws that change as time passes that citizens just abide by. Common law is not written down or enforced like don't drink and drive, wear your seat belt, drive the speed limit etc. These laws change as society changes to make sure they 'make sense' for the times they are being used in.

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What are the differences between flexibility and compromise
marin [14]

Answer:

Flexibility mean you're more flexible about doing something. For example you could have flexible working hours which would mean you can work alot of the time like you can bend easily around when you work and compromise means you're wiling to meet in the middle so an agreement made that makes everyone happy.

5 0
3 years ago
1.<br>What is business? Explain its characteristics.​
jek_recluse [69]

Answer:

Business is an organization where goods and services are exchanged for one another or for money to make a profit, every business needs some form of investment and enough customers to sell product to.

the major characteristics are:

1. Exchange of goods and services

2. Deals in numerous transactions

3. Profit is the main objective

4. Business skills  for economic success

5. risks and uncertainties

6. marketing and Distribution of goods

7. Sale to satisfy human wants

Explanation:

8 0
3 years ago
First National Bank charges 11.1 percent compounded monthly on its business loans. First United Bank charges 11.3 percent compou
Ronch [10]

Answer:

First National Bank's EAR is 11.68%

First United Bank's EAR is 11.62%

Explanation:

Effective annual rate=(1+APR/m)^m-1

APR is the  annual rates given in the question as 11.1% and 11.3%

m is the number of times in the year that compounding is done, for instance, it is 12 for monthly compounding and 2 for semiannual compounding

First National Bank's EAR=(1+11.1%/12)^12-1=11.68%

First United Bank's EAR=(1+11.3%/2)^2-1=11.62%

The EAR for First National Bank is higher

6 0
3 years ago
In accounting for a contingent liability, if the likelihood of the obligation is probable but the amount cannot be estimated, a
Tems11 [23]

Answer: d. provide disclosure in the footnotes to the financial statements.

Explanation:

A contingent liability is an obligation that a company might owe in future depending on the outcome of an event such as a law suit.

To record a contingent liability in the books, two conditions must be satisfied;

  1. Loss must be probable
  2. Amount must be estimable

If these two conditions are not satisfied then the contingent liability may simply be disclosed as a footnote in the financial statement. The amount here is not estimable so can be disclosed as a footnote.

6 0
3 years ago
WILL GIVE BRAINLIEST
beks73 [17]

Answer:

D.

Explanation:

Articulated credit let's you get credit from high school and transfer it to college.

8 0
3 years ago
Read 2 more answers
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