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3 years ago

What ethics "Rule"does it break?

1 answer:

7 0

The breaking of rules is violation of law. The legal right does not comes under the law if anybody has the right to break the law.

Explanation:

A Rule is a statement that denotes about what a person should do or not to do in a specific situation. It clarifies demarcates or interprets a law or policy.Rule is a principle or standard that serves as a norm for guiding an action.

The rules for professional ethics are do not enter into attorney client relationship, do not negotiate fees with the client and do not give legal advice.

The people break the laws and takes high risk because of their less self control.

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in the cost approach to valuation, land value can be estimated by comparing sales of vacant land that are similar to the subject

antoniya [11.8K]

The statement "in the cost approach to valuation, land value can be estimated by comparing sales of vacant land that are similar to the subject land" is true.

<h3>What is valuation?</h3>

Valuation is an estimation of the price of a good or a product. When a product is manufactured, its evaluation is estimated. It is estimated by seeing the manufacturing price, labor cost, and raw material cost.

Here, the valuation of vacant land and subject land is estimated, which is similar by seeing the comparison. So the statement will be correct about the comparison.

Thus, the statement is true.

To learn more about valuation, refer to the link:

brainly.com/question/16008101

#SPJ4

The question is incomplete. Your most probably complete question is given below:

State whether true or false.

6 0

1 year ago

Explain the marketing concept

Orlov [11]

Answer:

Marketing is the process of getting the right goods or services or ideas to the right people at the right place, time, and price, using the right promotion techniques and utilizing the appropriate people to provide the customer service associated with those goods, services, or ideas. This concept is referred to as the “right” principle and is the basis of all marketing strategy. We can say that marketing is finding out the needs and wants of potential buyers (whether organizations or consumers) and then providing goods and services that meet or exceed the expectations of those buyers. Marketing is about creating exchanges. An exchange takes place when two parties give something of value to each other to satisfy their respective needs or wants. In a typical exchange, a consumer trades money for a good or service. In some exchanges, nonmonetary things are exchanged, such as when a person who volunteers for the company charity receives a T-shirt in exchange for time spent. One common misconception is that some people see no difference between marketing and sales. They are two different things that are both part of a company’s strategy. Sales incorporates actually selling the company’s products or service to its customers, while marketing is the process of communicating the value of a product or service to customers so that the product or service sells.

7 0

3 years ago

Sundance Systems has the following transactions during July.

inn [45]

Answer:

Jul-05 Dr Inventory $118,800

Cr Accounts Payable $118,800

Jul-08 Dr Accounts Payable $5,400

Cr Inventory $ 5,400

Jul-13 Dr Accounts Payable $ 113,400

Cr Cash $108,864

Cr Inventory $4,536

Jul-28 Dr Accounts receivables $ 134,400

Cr Sales revenue $ 134,400

Jul-28 Dr Cost of Goods Sold $108,864

Cr Inventory $108,864

Explanation:

Preparation of the journal entry to Record the transactions of Sundance systems, assuming the company uses a perpetual inventory system

Jul-05 Dr Inventory $118,800

Cr Accounts Payable $118,800

(44 LCDs x $2700)

(Being to record inventory purchased on account)

Jul-08 Dr Accounts Payable $5,400

Cr Inventory $ 5,400

(2 LCDs x $2700)

(Being to record inventory returned that were defective)

Jul-13 Dr Accounts Payable $ 113,400

(42 LCDs x $ 2700)

Cr Cash $108,864

($ 113,400-$4,536)

Cr Inventory $ 4,536

(42 LCDS x $ 2700 x 4%)

(Being to record Amount paid within discount term of 10 days)

Jul-28 Dr Accounts receivables $ 134,400

[42 LCDs x $ 3200]

Cr Sales revenue $ 134,400

(Being to record Inventory sold)

Jul-28 Dr Cost of Goods Sold $108,864

(42 LCDS x $ 2700 x 96%)

Cr Inventory $108,864

(Being to record Cost of inventory sold adjusted)

4 0

2 years ago

Suppose that a firm’s marginal production costs are given by MC = 10 + 4Q. The firm’s production process generates a toxic waste

SCORPION-xisa [38]

Answer:

A) Marginal private cost= 50

B) Total Marginal social cost to society = 70

Explanation:

A) In order to find the marginal private cost we will use the firms production cost formula as it is the private cost that the firm is enduring and is only relevant to the firm's cost and not the society's cost.

In order to find the marginal unit cost of the 10th unit produced will will replace Q in the formula by 10 as it represents quantity.

MC= 10 + 4Q

MC= 10 + 4(10)

MC= 10 +40 = 50

B) In order to find the marginal cost to society we will add the marginal external cost of the 10th unit to its private cost. We already know the marginal private cost is 50 now we need to find the marginal external cost to it to find the total marginal cost.

Marginal external cost = 2Q

Q= 10

Marginal external cost = 2*10 =20

The total Marginal cost to society= 50 + 20= 70

3 0

2 years ago

Suppose foreigners spend $7 billion on american exports in a given year and americans spend $5 billion on imports from abroad in

Rina8888 [55]

Around <span>+$2 billion. would be the answer!</span>

5 0

3 years ago