Answer:
For centuries the guideline for business transactions was the Latin term “caveat emptor” (let the buyer beware). This principle suggests that the seller is not responsible for the buyer’s welfare. In other words such principle gives the buyer the sole responsibility for checking the quality and suitability of the goods that he is buying from the seller before making a final purchase.
A firm can be expressly prohibited from engaging in certain business activities or can be broken into two or more competing firms when it is found guilty of antitrust violations.
<h3>What is antitrust laws?</h3>
These are laws established to protect the interest of the consumers by creating enabling environment for businesses to thrive. These laws prevent unfair business associations such as trusts contribute to competition.
Anti-trust laws are laws, meant to protect the customer from predatory practices by businesses such as collusion hence ensuring that there is competition in the market for the benefit of the consumer.
Learn more about antitrust laws here: brainly.com/question/13800256
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Answer:
A. An operating expense.
Explanation:
Since in the question it is mentioned that the self insurance activity i.e. accounted for an internal service fund that paid the amount of $365,000. Also as we know that the internal service fund is a proprietary fund so the claim should be reported as an operating expenses in the revenues, expenses and change in net asset statement
Therefore the correct option is a.
Answer:
True
Explanation:
Political instability is a risk to a business. For a business to thrive, the economy should be free from political unrest or turbulence. Countries that experience political turmoils are characterized by civil unrest, violence and rooting, and industrial actions that result in low economic growth.
Political stability gives confidence to investors that their investments are protected by the government and will grow. The economy of a politically stable country can be predicted many years into the future. Many investments need a long time to break even and make returns. Political unrest cause massive destruction of properties and business. Investors in stable countries are assured of their safety and the safety of their investments.
