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loris [4]
2 years ago
11

In some states, mining companies are deemed to own not only the minerals but also the space the minerals occupied before they we

re removed, thereby earning the distinction of ownership states. However, when the owner of an oil or gas well is able to claim all that is pumped from it, regardless of whether the oil or gas migrated from adjacent property, this is referred to as a ________ state.
Business
1 answer:
Genrish500 [490]2 years ago
7 0

Answer:

The correct answer is: Law of capture.

Explanation:

The Law of capture is an original British common law adopted by many states in the U.S. that allows individuals who find resources like groundwater, oil, and gas to extract them as much as they can. The rule also states that the first individual extracting those resources is the one that owns it.

You might be interested in
Strategic controls are largely subjective criteria intended to verify that the firm is using appropriate strategies for the cond
ValentinkaMS [17]

Answer:

A. True

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;

I. Value.

II. Vision.

III. Mission.

Basically, strategic controls are subjective criteria that are developed by a business firm so as to verify and ensure that the business firm has implemented the appropriate strategies for the conditions in the external environment and the competitive advantages of the business firm.

6 0
3 years ago
Federal inspectors find that several shipments of hamburger supplied to grocery chains is contaminated with potentially harmful
brilliants [131]

Answer:

The Food and Drug Administration issues a recall for the meat, and the seller notifies its customers.

Explanation:

When there is a serious or potentially serious risk to consumers, the FDA works with sellers and distributors to recall products (remove them from store shelves) and notify customers through press releases and other communications.

7 0
3 years ago
NEED HELP ASAP, WILL GIVE BRAINLIEST
laiz [17]
I’m pretty sure that it is A. Cost of Goods Sold!
8 0
2 years ago
Read 2 more answers
Identifying Financial Statement Line Items and Accounts Several line items and account titles are listed below. For each, indica
Anni [7]

Answer:

Explanation: Financial Statement

the financial statement is an annual statement stating the financial position of an organisation

Under the financial statement we have:

1. Income Statement: Expenses, Net Income

2. Balanced Sheet: Cash Asset, Non cash Asset, Retained Earnings

3. Statement of stockholders equity: Contributed Capital, cash inflow for stock issued, cash outflow for dividends

4. Statement of cash flow: cash flow for capital expenditures

8 0
2 years ago
Alexandra owns stock in a corporation, and she just received 100 additional shares of stock as part of the corporation’s distrib
Marina CMI [18]

Answer:

The correct answer is A

Explanation:

Dividend is the amount of money or a payment which is made through the corporation or business to its shareholders, mostly as a distribution of profits. When the business or corporation have profits or the surplus, then the business is able to re- invest the profit further and then pay the proportion of the profit as the dividend to the company shareholders.

So, in this case, Alexandra who received 100 additional on the stock is the distribution of profit, which is called as dividends.

7 0
3 years ago
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