Answer: The contract law
Explanation:
The free exercise law says that people can practice whatever religion they want and no one should force a religion on someone.
Contracts Clause is in a section in the Constitution whereby the state is prohibited from doing certain things. The aim of the prohibitions is to protect citizens from state governments intrusion.
The preemption doctrine simply means that when there's dispute between two authorities, the law of the authority of law which is lower will be displaced by a higher authority.
Therefore, the correct answer is contract law.
The financial management practices which are least effective in creating and monitoring an operating budget include top down/bottom up budgets, poor inventorying, lack of control, over control, and lack of staff investment.
In business, financial management includes the practice of making a business plan and then ensuring that all departments which falls under it stay on track and work properly.
Creating and monitoring an operating budget for the national government involves four distinct processes which are, budget preparation, budget authorization, budget execution and accountability.
Hence, the operating budget helps in keeping track of the income and expenses in an organization.
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Answer:
Venture capitalists typically control all of the seats on a start-up's board of directors, and often represents the single largest voting block on the board.
Explanation:
A venture capital is a type of capital arrangement by venture capital , provided to start up companies with the prospect of potential growth. Companies that provides financies for start up have a stake in the business they are financing. It is usually a high risk business.
Examples of venture capitalist are
Investment banks, pension funds, insurance companies etc.
Before finances can be made by venture capitalist, the initial capital required to start required to start the business is usually provided by the entrepreneur and his family.
Answer:
Inventory= $5,040
Explanation:
Giving the following information:
March 1, 2021, inventory: 1,000 gallons @ $7.20 per gallon = $7,200
Purchases:
Mar. 10 600 gals @ $ 7.25
Mar. 16 800 gals @ $ 7.30
Mar. 23 600 gals @ $ 7.35
Sales:
Mar. 5 400 gals
Mar. 14 700 gals
Mar. 20 500 gals
Mar. 26 700 gals
Total units= 3,000
Total sales= 2,300
Ending inventory= 700 units
LIFO (last-in, first-out)
Inventory= 700*7.20= $5,040
