The economic regulations put in place by the US government are intended to encourage contests and prevent organizations from exploiting clients are the things that the US. the government put in the monetary guidelines.
The guideline can be separated into two significant sorts. Financial guideline either straightforwardly or in a roundabout way has cost control as a point. The public authority has recently tried to forestall syndications, similar to electric utilities, from raising their costs over what might guarantee them a practical benefit.
Guidelines are organized in the Code of Federal Regulations as per the subject and are a gathering of regulations made by chief divisions and organizations. The 50 titles that make up the United States Code contain most of the public regulations that are presently active.
Hence, To cultivate rivalry and prevent organizations from exploiting clients.
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Answer: Patton will sue QC industries for tortious interference with a contract
Explanation:
Since there has been a contract which had already been signed, then if QC industries damages Patton Company's image, Patton will sue QC industries for tortious interference with a contract.
Tortious interference, is also refered to as the intentional interference with a contract and this occurs when the business relationship or contract that one has with a third party is intentionally damaged by another person. In this case, QC intentionally damages Patton's contract and therefore, Patton will sue QC industries for tortious interference with a contract.
Answer:
$140,000
Explanation:
The computation of adjusted balance in the Accumulated Depreciation account is shown below:-
adjusted balance in the Accumulated Depreciation account = unadjusted normal balance + Credit Accumulated Depreciation account
= $120,000 + $20,000
= $140,000
Hence the adjusted balance in the Accumulated Depreciation account is $140,000.
Answer:
Gain= $63,000
Explanation:
<u>First, we need to calculate the book value:</u>
<u></u>
Book value= purchase price - accumulated depreciation
Book value= 250,000 - 35,000
Book value= 215,000
<u>Now, the gain or loss from the sale:</u>
Gain/loss= selling price - book value - selling expense
Gain/loss= 290,000 - 215,000 - 12,000
Gain= $63,000