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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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Identify the term for unsold goods, raw materials, Or work-in-progress that a company has.
ss7ja [257]

Answer:

Inventory

Explanation:

Inventory refers to

  1. The finished products in the warehouse or store that is ready for sale.
  2. Raw materials used in the production of goods
  3. Goods that in the production process, also known as work in progress.

Inventory is held with the intention of selling. It is classified as current assets. Income realized from the sale of inventory is revenue to the business.

3 0
3 years ago
Marshall Company purchases a machine for $840,000. The machine has an estimated residual value of $40,000. The company expects t
natka813 [3]

If the units-of-production method is used, the depreciation expense for this period is: <u>$136,000</u>

<u>Explanation</u>:

<em><u>Given</u></em>:

Cost of machine= $840,000

Estimated residual value= $40,000

No of units produced during current period= 680,000 units

Expected production by the machine= 4 million units

Unit of production method= cost of asset-salvage value/useful life in the form of units produced

Depreciation per unit= (cost - residual value)/estimated life in units

                                     = (840,000-40,000)/4,000,000

Depreciation per unit= 0.2 per unit

To calculate depreciation for period,

Depreciation for period= depreciation per unit*actual units produced in this period

                                         = .2*680,000

Depreciation for period= $136,000

3 0
2 years ago
Data concerning Farm Corporation's single product appear below: Selling price per unit $ 320.00 Variable expense per unit $ 76.8
lara [203]

Answer:

$224,000

Explanation:

Contribution margin = Selling price - Variable cost

= $320 - $76.8

= $243.2

Contribution margin ratio = Contribution margin / Sales

= $243.2 / $320

= $0.76 × 100

= 76%

Break even point = Fixed cost / Contribution margin ratio

= $170,240 / 76%

= $224,000

7 0
3 years ago
A market analyst is developing a regression model to predict monthly household expenditures on groceries as a function of family
Anna007 [38]

Answer and Explanation:

expenditures on groceries

4 0
3 years ago
Consider a corrupt provincial government in which each housing inspector examines two newly built structures each week. All the
patriot [66]

Answer:

$104,000

Explanation:

The computation is  shown below:

= Bribe cost per each housing inspector × number of weeks in a year × number of newly built structures each week

= $1,000 × 52 weeks × 2

= $104,000

We simply multiply the three components i.e Bribe cost per each housing inspector, number of weeks in a year, and the number of newly built structures each week so that the accurate value can come.

4 0
3 years ago
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