Answer:
This question is incomplete, the options are missing. The options are the following:
a) For consumer purposes
b) For commercial purposes
c) Usurious
d) An online contract
And the correct answer is the option C: Usurious.
Explanation:
To begin with, in the area of law, the term known as <em>"Usury" </em>is refer to the practice that focuses on making the lender richer in unethical ways so therefore that this practice is considered to be the one that makes inmoral monetary loans that try to affect the borrower in order to benefit the lender. One example of the use of this term could be the case in where the lender charges or try to charges a higher interest rate to the borrower than the one that is prohibited by law as a maximun rate.
Net pay is how much you made in a year after taxes YTD Net pay is how much you've made from January to the last day of the pay period before taxes
Answer: Service Charge
Explanation: a service charge goes toward the day to day running costs of a company, used to cover things like building costs, insurance, employee compensation. It is how companies like Costco are able to pass along reduced price products to members.
Answer:
Paid sick leave benefit
Explanation:
The amount of this benefit usually included in the initial contract when you signed up for the job. Not all companies provide this since it's not required under the federal law.
in most cases, companies who implement Paid sick leave will transfer the amount of money each month in order to help sustaining the life of their employees since they have no capability to work for additional income.
Answer:1. Poole journal $
Date
April 10
Cash account Dr 50,925
Cash sales Cr 48,500
Sales tax. Cr. 2425
Narration. Cash sales inclusive of sales tax.
Waterman journal $
Date
April 15
Cash account Dr 26750
Cash sales Cr. 25,000
Sales tax. Cr. 1750
Narration. Cash sales inclusive of sales tax
Explanation:
Firms are authorized by the government to collect sales tax on their behalf at the time of sales and such amount when collected are treated as liability by the firm to be remitted to the goverments.
At the point of sale the sales tax is showing as percentage to be charged on sales separately e.g 5% on sales figures.
If the tax percentage is not separated at the time of sales and the sales is made inclusive of sales tax then the sales tax like in the above scenario will be 7/107 * $26,750 which gives $1750
