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Svetllana [295]
3 years ago
14

Though the trade and sale of slaves continued to be legal inside the United States until the Civil War, the "slave trade"—that i

s, the importation of slaves from Africa or any other foreign locale—was made illegal in
Business
1 answer:
Alika [10]3 years ago
3 0

Answer:

Slave trade in the United States was made illegal in march 2, 1807, by the Act Prohibiting Importation of Slaves, and the law took effect in 1808. This law prohibited the importation of saves into the US. President Thomas Jefferson was the promoter of the law, and he had advocated for this law since the 1770s.

The first law banning US ships from participating in slave trade was the Slave Trade Act of 1794, with some colonies, like Virginia, banning slave trade even earlier.

You might be interested in
Which of the following statements is TRUE? (economics)
Angelina_Jolie [31]

Answer:

c

Explanation:

Banks are other lending entity's has access to a customer borrowing history. Through credit rating agencies, a bank can know whether a customer has a bad history in making loan repayments.

When a customer takes up a loan, banks share that information with a credit rating agency. The agency updated its records with the customer's national identity, such as the social security number. The banks keep on updating agencies on how each customer is meeting their obligation. Credit card payments are considered as loans.

Credit agencies rates each customer creditworthiness by assessing how they been repaying their debts. A higher credit score means the customer repays his loans promptly without missing installments. The information of each customer is available to all banks and lenders upon request.

6 0
2 years ago
The Bombay Company, Inc., sold a line of home furnishings that included furniture, wall decor, and decorative accessories. Bomba
tatyana61 [14]

The guidance of the income assertion for the 12 months ended December 31 is $22,000.

income $94,000

value of products bought

Beginning end items inventory $20,000

add: a fee of goods synthetic $ forty-one,000

a fee of goods available for sale $ sixty-one,000

less: ending end goods inventory -$17,000

price of goods sold $ forty-four,000

Gross margin $50,000

much less: running expenses

popular and advertising expenses $15,000

general running fees $28,000

working earnings of $22,000

extra approximately the earnings statement right.

Monetary statement assertions are an employer's reputable announcement that the figures the agency is reporting are accurate. Assertions are made to attest to the authenticity of facts on balance sheets, profits statements, and cash flow statements.

Learn more about income assertion here:

brainly.com/question/14727142

#SPJ4

8 0
1 year ago
$100 compounded annually for two years at 3% interest would provide the investor with how much of a return?
Rom4ik [11]
I think the answer is B
5 0
2 years ago
The Federal Reserve System performs many functions, but its most important one is
oksian1 [2.3K]

Answer:

b. controlling the money supply.

Explanation:

The main function of the federal reserve is to control the money supply. This is accomplished through expansionary or contractionary monetary policies, in which the Federal Reserve influences the amount of economy in the economy by controlling its supply. An open marketing policy, ie selling and buying securities, for example, is used to control the amount of currency in the economy.

8 0
3 years ago
Jerry Jay is the CEO of Jerry's Jackets (JJ). In June, Jerry expects to produce and sell 3200 jackets, and he expects his June u
babunello [35]

Answer: $10240

Explanation:

Based on the information that have been provided in the question, the planning budget for the utilities in June will be calculated as:

= Fixed expenses + (Budgeted activity × Variable cost per unit)

where

Fixed expenses = $8000

Budgeted activity = 3200 jackets

Variable cost per unit = $0.70

Therefore, planning budget will be:

= $8,000 + (3,200 × $0.70)

= $8,000 + $2240

= $10240

3 0
2 years ago
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