The Constitution defines all of the following as limits of the government’s power to tax except that _____.

1 answer:

4 0

Constitution has something called Bill of Rights which are your rights. Also, Supreme Court (Judicial branch) is there to interpret the laws. They can declare a law unconstitutional and all disputes between individual and government are settled in Supreme Court.

You might be interested in

Roadway Paving Company contracts to buy some paving equipment from Stonework Earthmovers, Inc. Before either party performs, Sto

Naddika [18.5K]

Answer: demand assurances of performance from stonework

Explanation: In simple words, assurance of performance refers to the written guarantee from the service provider that the service will be preformed as per the fixed guidelines.

These assurances is very common in contracts which requires specific performance or performance from a specific person or an entity.

These contracts can be used in the court of law in case any conflict between the related party happens in future, thus it provides satisfaction to the paying party to some extent.

6 0

4 years ago

Dane, Inc. purchased 10 shares of its own $5 par value common stock for $20 per share. The journal entry to record this transact

atroni [7]

Answer:

Dr Treasury stocks 200

Cr Cash 200

Explanation:

Whenever treasury stock is repurchased, you must record the full purchase price under treasury stock account (debit balance) and credit cash or any other asset used to pay for them.

Treasury stock is a contra equity account that reduces the value of shareholders' equity, that is why it has a debit balance while shareholders' equity has a credit balance.

8 0

4 years ago

Which body has the primary responsibility for the establishment of generally accepted accounting principles?.

erica [24]

Answer: The Financial Accounting Standards Board (FASB)

Explanation: The Financial Accounting Standards Board (FASB) is a private, not-for-profit organization whose primary purpose is to develop generally accepted accounting principles.

7 0

2 years ago

A company is targeting its marketing by running an advertising campaign showing a hmong family celebrating its traditions during

salantis [7]

The area of the consumer decision that is being used by this company is the target of American culture, an ethnic subculture, and family.

<h3>What is consumer decision?</h3>

This is the term that is used to refer to the decisions that are being made by people in the consumption of goods and services.

People make these decisions based on their families, their culture and the area that they find themselves.

Read more on consumer decision here:

brainly.com/question/26636151

#SPJ1

6 0

2 years ago

1. Which of these does NOT represent a decrease in net cash received on an employee's paycheck?a. gross wagesb. Medicare taxesc.

Virty [35]

Answer:

1) A: Gross wages do not represent a decrease in net cash received on an employees paycheck. The gross wage s what the employee would have earned if no deductions were made.

2) C: Year to date summaries on a paycheck stub accumulate salaries and deductions in the same way an income statement accumulates revenues and expenses over a period.

3) B: At the end of each accounting period temporary accounts have to be set to zero. Their balances are transferred to permanent accounts.

5 0

3 years ago