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spin [16.1K]
3 years ago
7

There is no such thing as "the law" in that law comes from many different sources.

Business
1 answer:
chubhunter [2.5K]3 years ago
4 0

Answer:

At both the federal and state levels, the law of the United States can be traced back to the common law system of English law, which was in force in the American colonies during the time of the Revolutionary War. Since then, U.S. law has diverged greatly from its English roots both in terms of substance and procedure. The main departure occurred when the United States ratified the Constitution in 1789. In effect, the Constitution and federal statutes and laws made in furtherance of the Constitution were established as “the supreme Law of the Land.” From that point on, the law of the land was no longer based on legal practices in England but became distinctly American and home grown. When the individual states ratified their state constitutions, the state legislatures obtained the power to establish state law, or the “Law of the State.” Together, this collection of federal and state laws constitutes something we often refer to as the “body of law.” This body of law governs the behavior of individuals, businesses, and even governments. Just like the human body, the “body of law” is comprised of multiple parts, each performing an individual function while simultaneously working together as a whole. In this section, we will examine two of the most fundamental types of laws, followed by nearly every nation in the world: statutory law and common law.

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lisabon 2012 [21]

Answer:

20

10

Twice

Five times

Cow stalls are constructed

Explanation:

The U.S. dairy cow industry produced milk from just over _20_ million cows in 1924. Today, it relies on just under_10_ million. And yet total milk production today is a little over __twice_ what it was in 1924. This is possible because the typical cow produces __five times___ as much milk, thanks to strategic breeding and changes in how _stalls are constructed_.

3 0
2 years ago
Catrina Santana contributed a patent, accounts receivable, and $23,000 cash to a partnership. The patent had a book value of $8,
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Answer:

Date               Account Title                                      Debit              Credit

12/31               Cash                                               $23,000

                      Patent                                             $85,000

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                     Accounts Payable                                                    $10,000

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7 0
2 years ago
All else equal, imposing taxes in markets where demand and supply are price- not only causes less but also raises more .
anygoal [31]

All else equal, imposing taxes in markets where demand and supply are price inelastic not only causes less inefficiency but also raises more revenue.

What is meant by price inelastic?

Inelastic is an economic term referring to the static quantity of a good or service when its price changes. Inelastic means that when the price goes up, consumers' buying habits stay about the same, and when the price goes down, consumers' buying habits also remain unchanged.

What is inefficiency in business?

Inefficiency is defined as a lack of organization or skill that wastes time, energy, or money. For business owners, it is the practice that sparks a worst-case scenario. Every penny spent on tools and software to make the business run smoother is the cost of running an efficient organization.

What do revenue means?

Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations. Revenue, also known as gross sales, is often referred to as the "top line" because it sits at the top of the income statement. Income, or net income, is a company's total earnings or profit.

Learn more about demand and supply:

brainly.com/question/20072354

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6 0
1 year ago
Determining if products made in-house will be produced in one or more facilities, and if these facilities should be located in o
vaieri [72.5K]

Answer:

The correct answer is "Location"

Explanation:

The location decisions are determinant of profitability in international business. The Company's selection on where to assemble and manufacture the product can determine the success of the business. Some countries are cheaper to produce for the workforce, exchange rate, taxes...

5 0
3 years ago
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Answer:

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Statement: Mission Statement

2. Inspires enthusiasm and encourages commitment

Statement: Vision Statement

3. Illuminates the organization’s attitude toward its employees

Statement: Mission Statement

4. Is intended to guide all of the actions in the organization

Statement: Values Statement

5. Is easily understood and well-articulated

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6. Outlines the organization’s customer base

Statement: Mission Statement

7. Expresses the company’s worldview

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8. Is appropriate for the times and for the organization

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10. Articulates the geographical locations where the company competes

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11. Unchanging; As applicable in 100 years as it is today

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12. Reflects high ideals

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8 0
2 years ago
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