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ioda
3 years ago
5

Which of the following statements best describes the Sherman Act?A. The Sherman Act established the United States Securities and

Exchange Commission.B. The Sherman Act allows the US government to regulate activities that restrain competition and trade.C. The Sherman Act allows the US government to regulate the trade of corporation shares on stock exchanges.D. The Sherman Act established stronger reporting requirements for boards of public corporations and the managers and accountants who
Business
1 answer:
aleksandr82 [10.1K]3 years ago
8 0

Answer:

B. The Sherman Act allows the US government to regulate activities that restrain competition and trade

Explanation:

The Sherman Antitrust Act of 1890 was first legislation enacted by US congress. It was brought into force to regulate competition and trade among enterprises. This act prohibits agreement in restraint of trade or interference of power in trade like price fixing, bid rigging, etc.

The Sherman Act did not work for long as it restrict the business merger and people are confused about knowing the motive of the act as it is not designed properly.

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John and Sheryl bought their home for $354,000. They made $129,000 of improvements. They sold the home for $1,085,000 and paid $
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Answer:

$658,000

Explanation:

If John and Sheryl bought their home for $354,000 and made $129,000 of improvement, the total cost on purchasing the house will be coat of the house + improvement which gives $354,000+$129,000

= $483,000

If they later sold the home for $1,085,000 and paid $56,000 in selling expenses, including the broker's commission, the total selling cost will be $1,085,000+$56,000

= $1,141,000

Capital gain = $1,141,000 - $483,000

Capital gain = $658,000

This means they will pay capital gain tax on their interest which is $658,000

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Does anybody know who Dave Ramsey is???
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Natal Technologies is developing a superior ultrasound machine for which it is required to invest $800,000. Based on the company
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d. 4 years.

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