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IgorC [24]
3 years ago
7

Nations that have the strongest product liability laws tend to be well- developed economically However, the general case in deve

loping economies is for nations to have weaker product liability laws since workforces tend to be better educated and know what is right and wrong
Select one

a. True
b. False
Business
1 answer:
olasank [31]3 years ago
8 0

Answer:

b. False

Explanation:

The product liability law is weak in developing countries due to its improper implementation while in many countries the law has not been implemented. the customers are not aware about the law and also government efforts does not meet the actual need of the law.  

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The following information shows Carperk Company's individual investments in securities during its current year, along with the D
melamori03 [73]

Answer:

a. See the table below.

b. Debit Fair value adjustment - Available-for-sale for $47,981; and Credi Unrealized gain - Debt for $47,981.

Explanation:

1. Identify whether each investment should be classified as a short-term or long-term investment. For each investment, indicate in which of the six investment classifications it should be placed.

This can be done as follows:

<u>No.      Types of investment           Classification of investment           </u>

a.         Long-term investment         Debt investment held to maturity

b.         Long-term investment         Equity method investments 20%-50%

c.         Long-term investment         Available for sale dbt securities

d,         Long-term investment         Available for sale dbt securities

e.         Short-term investment        Stock investment <20%

2. Prepare a journal entry dated December 31 to record the fair value adjustment for the portfolio of available-for-sale debt securities. Carperk had no available-for-sale debt securities prior to this year.

The journal entries will look as follows:

<u>General Journal                                               Debit ($)           Credit ($)  </u>

Fair value adjustment - Available-for-sale     47,981

Unrealized gain - Debt (w.1)                                                        47,981

<em><u>(To record the fair value adjustment for the portfolio of available-for-sale debt securities).  </u></em>

<u>Workings (w.1):</u>

No      Fair Value ($)       Cost ($)         Gain (loss) ($)

                    A                       B                   C = A - B

a.              453,116            416,850               36,266

c.             184,240            170,909                 13,331

d.           <u>   93,426   </u>        <u>   95,042 </u>                <u>  (1,616) </u>

Total      <u>  730,782 </u>        <u>  682,801 </u>            <u>   47,981 </u>

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Answer:

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Answer:

business model is not a factor

Explanation:

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What is an argument in favor of a $15 minimum wage
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