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vredina [299]
3 years ago
9

Legal Forces Legal forces are important external forces that international managers need to understand. They are developed at th

e national level, so international ventures should take care to build relationships with local-level lawyers.
Identify each of the legal characteristics by matching to the correct characteristic.

a. U.S. Product Liability Law
b. EU Competition Law
c. US and EU
d. U.S. Tort Law
e. U.S. Competition Law
f. France

1. per se application
2. misuse of activity
3. extraterritoriality
4. trade obstacle, nontariff
5. strict liability
6. punitive damages
Business
1 answer:
torisob [31]3 years ago
4 0

Answer:

1. per se application

U.S. Competition Law

This law checks whether certain parts of a contract or agreement have violated US antitrust laws.

2. Misuse of activity

EU Competition Law

This is part of the European Union's competition law that prohibits the use of activity to try to gain unfair advantges.

3. Extraterritoriality

US and EU

This is a provision in both US and EU anti-competition and anti-trust laws that states that the activities of foreign companies fall under the law if these activities influence the people within the jurisdiction of the US or the EU.

4. Trade obstacle, nontariff

France

These are a part of the French system.

5. Strict liability

U.S. Tort Law

A concept in US Tort law that states that a person is liable for an offence they committed and their state of mind or intent when they committed said offence is irrelevant.

6. Punitive damages

U.S. Product Liability Law

A concept in the US that allows for the extra punishment of the party in the wrong to dissuade others from doing so and to reward the party in the right more justly.

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The following information is from Morris company: Direct materials : $30,000 Wages for production workers: $50,000 Lease, utilit
bixtya [17]

Answer:

Number of units produced during the period: 38,000 units

Explanation:

Cost to produce the product exclude General Selling and administrative Expenses - selling and management expense.

Total Cost to produce the product = Direct materials + Wages for production workers + Lease, utility costs and depreciation for factory workers = $30,000 + $50,000 + $15,000 = $95,000

The average cost to produce one unit: $2,50. Number of units produced during the period = $95,000/$2,50 = 38,000 units

3 0
4 years ago
Assume your gross pay per pay period is $2,000 and you are in the 33 percent tax bracket. calculate your net pay and spendable i
jasenka [17]

After-tax saving method

Gross Pay (Tax)=Net Pay

$2,000 $(660)= $1,340

Spendable Income $1,340 -$200= $1,140

]The term "spendable income" is used to describe the sum of money left over after tax payments have been made. When all bills and expenses have been covered, what's left over is a person or family's discretionary income, which can be used toward future goals like investing, saving, or spending. You can spend your discretionary funds because of the money you have available to you.

When calculating your disposable income, how do you account for taxation? It is your spendable income, from which you subtract necessary living expenses, that serves as the basis for your discretionary income.

Consider your take-home pay once taxes have been deducted as an illustration of your discretionary income. The term "discretionary income" refers to the amount of money left over after obligatory expenses have been met. These include but are not limited to rent or mortgage, student loan payments, utility bills, and groceries.

To know more about spendable income refer to:

brainly.com/question/19538806

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8 0
1 year ago
Your grandpa 62 and asks you if he’s eligible to collect Social Security what do you tell him
ivann1987 [24]
Your answer should be B. !
8 0
3 years ago
The market price in a perfectly competitive market is $11, and 1,250 units are bought and sold. Assume the market becomes monopo
UNO [17]

When the price of a commodity is $11, where 1250 units are being bought and sold in a perfectly competitive market, the market price of the commodity will increase from its original price if the market is monopolized.

<h3>What is a perfectly competitive market?</h3>

In a market where there are less to zero restrictions for entry and exit of buyers and sellers in the market dealing in similar commodities, then such a market is known as a perfectly competitive market.

There is no pricing power in the hands of the buyers and sellers in the market, as there is no minimum or maximum limit on the number of sellers in the market, so the supply is not restricted in such a market.

Hence, it can be concluded that market prices are stable in a perfectly competitive market, and it generally increases in a monopolistic market.

Learn more about a perfectly competitive market here:

brainly.com/question/13961518

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5 0
3 years ago
Which one of the following is the best definition of a project?This task contains the radio buttons and checkboxes for options.
Firdavs [7]

Answer: Option A

Explanation: In simple words, a project can be defined as an undertaking which might involve research and is carefully planned and executed to achieve a particular aim.

To achieve the goals from the project, the management has to use all its functions like planning and controlling etc. This is not necessary that the project will benefit the customers only or the organisation itself. A project can benefit either of them.

Hence from the above we can conclude that the correct option is A.

3 0
3 years ago
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