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Gennadij [26K]
3 years ago
11

Jake owns Delta Dew, a small local California marijuana producer and dispensary. Jake complies with all applicable state laws an

d is licensed in California to produce and dispense marijuana. Jake is sued by the federal government for violation of the federal Controlled Substances Act, which makes it illegal to produce and sell marijuana. In defense of the lawsuit and prosecution, Jake's best argument is:
Business
1 answer:
Reil [10]3 years ago
7 0

Answer: C.The federal Commerce Clause only allows regulation of intrastate commerce, not interstate commerce.

Explanation:

The options are:

A.The federal Congress lacks in personam jurisdiction.

B.The federal Congress has exceeded its constitutional authority to regulate interstate commerce.

C.The federal Commerce Clause only allows regulation of intrastate commerce, not interstate commerce.

D.The application of this statute violates state law, so it is unconstitutional.

Based on the scenario in the question, in defense of the lawsuit and prosecution, Jake's best argument is that the federal Commerce Clause only allows regulation of intrastate commerce, not interstate commerce.

This is an example of intrastate commerce which should typically be left for the state government to handle as the state shouldn't be deprived of its function even though in certain rare cases, the Federal government may interfere.

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Which of the statements below is​ FALSE?
Alecsey [184]

Answer:

C. The standard of one vote for each share cannot be altered.

Explanation:

Shares are sold to individuals that now obtain ownership rights of a company.

Common share holders are entitled to voting in of new board members and also have the ability to vote for changes in bylaws of the company.

Also common shareholders are shares have different classes with different voting rights.

However it is not true that the standard of one vote for each share cannot be altered.

When more shares are issued by a company it can result in dilution of shares. That means for example if a person has 10,000 shares in a company with 1 million shares, and the company now issues an extra 1 million shares making 2 million in total now.

The shareholder's standard of vote for each share is now halved

5 0
2 years ago
In January 2014, the company Quicken Loans made news by announcing that it would pay $1 billion to the person who submitted the
g100num [7]

Answer:

63 games are played.

In the bracket at each stage of the game you have 2 choices.

so total 2^63 ways are there to fill out the bracket.

2^63 = 9,223,372,036,854,775,808 which is approx. 9.2 Quintillion.

Number of people in USA= 317,431,148.

So all possible outcomes of bracket filling to be represented, each person should fill out following number of brackets.

9,223,372,036,854,775,808

= -------------------------------------- = 29,056,291,718.6

317,431,148

which is approximately 29,056,291,719 brackets per person.

Explanation:

6 0
3 years ago
Ordinary simple interest brings increased revenue to the lender. The general practice
densk [106]

Answer:

Exact = $34.5

Ordinary = $35

Explanation:

Given that :

Principal, P = $1500

Interest rate = 14% = 0.14

Number of days = 60

For exact :

Exact simple interest uses 365 days :

Simple interest = principal * rate * time

Simple interest = $1500 * 0.14 * 60 / 365 = 34.520547 = $34.5

For ordinary simple interest :

Simple interest = principal * rate * time

Simple interest = $1500 * 0.14 * 60 / 360 = $35

6 0
3 years ago
Woodland industries manufactures and sells custom-made windows. Its job costing system was designed using an activity-based cost
MaRussiya [10]

Answer:

Explanation:

a.

Direct materials 101,500

Direct labour (13,600 * 13) 176, 800

Materials handling (508 * 0.28) 142.24

Cutting and lathe work (508 * 12.32) 6258.56

Assembly and inspection (13,600 * 17.5) 238,000

Total manufacturing cost 522,700.8

Cost per unit produced = 522,700.8 / 3,050 =  

= 171.377 per unit.

b.

Predetermined overhead rate = Estimated overhead costs / Estimated Direct labour hours

(61,600 + 2,710,400 + 3,850,000) / 220,000

= 30.1 per direct labour hour

Direct materials 101,500

Direct labour (13,600 * 13) 176,800

Manufacturing overhead (13,600 * 30.1) 409,360

Total manufacturing cost 687,660

Cost per unit produced = 687,660/ 3,050

= 225.46 per unit.

3 0
3 years ago
Which of the following help to build credit? Opening a bank account Employment stability A college degree Good rental history De
vladimir1956 [14]

good rental history helps build credit

6 0
3 years ago
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