Answer:
Sherman Antitrust Act of 1890
Explanation:
Based on the information provided within the question it can be said that this communication is violating the Sherman Antitrust Act of 1890. This Act was passed prohibiting any contract, trust, or conspiracy in restraint of interstate or foreign trade in order to prevent oppressive business practices and monopolies. This is what the two companies are doing by agreeing to jointly raise the price they are able to control the entire markets price thus creating a monopoly in the automotive industry, which forces consumers to pay a lot more than what the vehicles are actually worth.
Answer:
The company must not make any adjustment entries in year x3 since the FOB means "Free on board" and at the moment the buyer delivers the goods at the port of shipment, at that time the risks of loss or damage of merchandise are transferred to the buyer from the seller
When this happens, the sale is made since the seller no longer owns the merchandise.
n this case, the seller does not own the merchandise since December 28 and has already made the corresponding records. so he should not make any adjustments.
Answer: <em>Loss = $8000</em>
<u><em>Option (e) is correct.</em></u>
Given:
Jerry sold stock to Julie for $5,000
The stock cost Jerry $10,000
Jerry sold Carol stock for $2,000 that cost $10,000
Here; it should be noted that, Jerry and Julie are brother and sister.
whereas;
Jerry and Carol are unrelated party.
Here, the total loss will be computed in regards with the unrelated party:
Loss = Price of stock - Selling price
Loss = $10000 - $2000
Loss = $8000
Answer:
a relative ranking of the satisfaction a person gets from alternative combinations of things.
Explanation:
Utility measurement refers to a measurement of the utility
Here the utility means the satisfaction derives from consuming a product
Now the utility measurements is a satisfaction ranking that consumer gets after doing selection regarding various products available
Therefore according to the given situation, the third option is correct
Answer:
a. MITI
Explanation:
In Japan, the MITI helps small companies identify potential export opportunities
The full meaning of MITI his Ministry of International Trade and Industry which is the ministry which is responsible for always on the lookout for export opportunities and they are as well responsible for industry, investment, productivity as well as small and medium enterprise.
Lastly MITI also help in controlling Japan's foreign trade as well as helping to supervise the international commerce and ensuring the smooth flow of goods and service in the national economy.