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PtichkaEL [24]
3 years ago
5

Property rights, such as copyright law, are enforced by the legal system. explain why protecting property right is essential to

a market?
a) the government reserves the right to automatically transfer the income to others
b) every individual or businesses has the right to copy other people's goods for profit
c) a market economy relies on the free exchange of goods and services without rules
d) individuals and businesses need to control over profits, use, and distribution
Business
2 answers:
andreyandreev [35.5K]3 years ago
8 0

Answer:

Individuals and buisnesses need control over profits , use, and distinguish of goods

Wittaler [7]3 years ago
7 0
They allow creators, or owners, of patents, trademarks or copyrighted works to benefit from their own work or investment in a creation. These rights are outlined in Article 27 of the Universal Declaration of Human Rights, which provides for the right to benefit from the protection of moral and material interests resulting from authorship of scientific, literary or artistic productions. The importance of intellectual property was first recognized in the Paris Convention for the Protection of Industrial Property (1883) and the Berne Convention for the Protection of Literary and Artistic Works (1886). Both treaties are administered by the World Intellectual Property Organization (WIPO).

so the answer would be C. because a market economy relied on the free exchange of goods and services without rules.
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1. Which of the following is a benefit of channels of distribution:
lara31 [8.8K]

Answer:

a We can more easily obtain products from all over the world

5 0
3 years ago
Simon lost $4,300 gambling this year on a trip to Las Vegas. In addition, he paid $2,650 to his broker for managing his $265,000
Ostrovityanka [42]

Answer:

Assuming Simon’s AGI is $40,000.

Gambling losses are only deductible to the extent of gambling winnings. Thus,Simon cannot deduct any of the $4,300 gambling losses. The $3,160 transportation expenses are also nondeductible as they are deemed to be personal expenses. The $2,650 broker management fees are deductible as investment fees (miscellaneous itemized deductions subject to the 2% AGI floor), and the $1,030 tax return fees are also deductible as miscellaneous itemized deductions subject to the 2% AGI floor.

Thus, $2,650 + $1,030 – (2% x $40,000 AGI) = $2,880 deduction

6 0
3 years ago
Read 2 more answers
Match the accounting terminology to the definitions (Click the icon to view the definitions.)
Volgvan

Answer:

a. Accounting.

b. Certified public accountants.

c. Creditor.

d. Managerial accounting.

e. Certified management accountants.

f. Financial accounting.

Explanation:

1. <u>Accounting</u>: information system that measures business activities, processes that information into reports, and communicates the results to decision makers.

2. <u>Certified public accountants</u>: professional accountants who serve the general public.

3. <u>Creditor</u>: person or business to whom a business owes money.

4. <u>Managerial accounting</u>: field of accounting that focuses on providing information for internal decision makers.

5. <u>Certified management accountants</u>: professionals who work for a single company.

6. <u>Financial accounting</u>: field of accounting that focuses on providing information for external decision makers.

7 0
3 years ago
You are offered a chance to buy an asset for $5,250 that is expected to produce cash flows of $750 at the end of Year 1, $1,000
jeyben [28]

The rate of return I would earn if you bought the asset is 16.91.

<h3>What is the internal rate of return?</h3>

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested. It is a capital budgeting method.

IRR can be calculated with a financial calculator

  • Cash flow in year 0 = $-5250
  • Cash flow in year 1 = $750
  • Cash flow in year 2 = $1000
  • Cash flow in year 3 = $850
  • Cash flow in year 4 = $6250

IRR = 16.91%

To learn more about the internal rate of return, please check: brainly.com/question/24172627

8 0
3 years ago
Net credit sales for Winner Company are $100,000 for the year. The Accounts Receivable account had a balance of $15,000 at the b
Valentin [98]

Answer:

Receivables turnover ratio = 5

Explanation:

Receivables turnover ratio = Net Credit Sales / Average accounts receivable

Receivables turnover ratio = $100,000/$20,000

Receivables turnover ratio = 5

Average accounts receivable = (Beginning Account Receivable + Ending Account Receivable) /2

Average accounts receivable = ($15,000+$25,00)/2

Average accounts receivable = $40,000/2

Average accounts receivable = $20,000

6 0
3 years ago
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