The laws governing intellectual property are where common-law and code-law systems most obviously diverge.
<h3>
What is intellectual property ?</h3>
The collection of intangible assets that a company or person possesses and is legally entitled to guard against illegal use or application by third parties is referred to as intellectual property.
The concept of intellectual property was developed on the premise that some works produced by the human mind should be afforded the same legal protections as material possessions.
Hence, the difference between common-law and code-law systems is found in the laws pertaining to intellectual property.
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Answer:
2. Credit equipment $100,000
3. Debit accumulated depreciation $60,000
Explanation:
When a company trades with another pieces of equipment gain or losses are recognized when there is commercia lsubstance. If not, then the trade-in equipment is posted as the net book value of the old equipment
In both cases, the old equipment is write-off thus:
credit equipment for 100,000
and debit accumualted overhead for 60,000
Now, we look at the option that matches this. The information about the new assets is insuficient as we aren't given information about whether or not thre is commercial substance
I think the answer is mailing or posting or delivery
Barriers to trade reduce the amount of output that can be supplied by foreign companies and, as a result, cause prices in the market to be higher than they would otherwise be. This results in consumers buying less
<h3>What are barriers to trade?</h3>
Barriers to trade refers as certain hurdles which restrict an individual or organisation to practice trade activity effectively. These barriers can be regulatory barriers, physical barriers and so on.
These trade barriers are launched to support small-scale business and introducing jobs in the industries to prevent unemployment.
These trade barriers results in high prices in the market due to reduce amount output supplied by foreign companies. This will result in less buying behaviour by consumer.
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INDUSTRY is a group of companies producing a similar product or services.
There are different types of industry depending on the kind of product they produce or the kind of service they offer. Examples are manufacturing industries, technological industry, engineering industry, construction industry, etc.
