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svetoff [14.1K]
4 years ago
14

What did congress do to protect consumers from monopolies, false advertising, and dishonest labeling? it established the america

n federation of labor. it created the federal reserve board. it established a graduated income tax. it created the federal trade commission?
Business
2 answers:
alexandr1967 [171]4 years ago
4 0
<span>In order to protect consumers from unfair business practices such as false advertising, dishonest labeling and monopolies, the federal government created the Federal Trade Commission to establish and enforce regulations protecting consumers from unfair and dishonest sales practices.</span>
Romashka [77]4 years ago
3 0

Congress created the federal trade commission. In 1914 congress created federal trade which to this day it monitors business practices and guards against monopolies, false advertising, and dishonest labeling.

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On April ​3, a customer returned $ 900 of merchandise that had been purchased with cash to Cooke Supplies. Cooke​'s cost of the
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Answer:

The Journal entries are as follows:

(i) Sales revenue A/c  Dr. $900

          To Cash  $900

(To record the correction in sales revenue)

(ii) Merchandise Inventory A/c  Dr. $200

           To Cost of Goods sold  $200

(To record the merchandise returned)

Note:

(1) At the time of sale, the cash would have been debited with the amount of $900 and the sales revenue would have been credited with the amount of $900. Now, the cash of $900 should be credited as it was debited earlier.

(2) The inventory account also credited at the time sale, so it should be debited and the cost of goods sold debited at the time of original sale, so it need to be credited.

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3 years ago
Explain how a consumer’s place of residence has an especially large impact on their purchase of sports and entertainment commodi
ElenaW [278]

Answer:

Concept: Business digression

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  • LA houses the Lakers, dodgers, and so many more big brand teams.
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  2. Residence defined as the area that surrounded the immediate perimeter of the said consumer.
  3. Hence, by the principle of <u>socialization</u><u> </u>people are more inclined to buy sports gear to represent their teams and inclined to participate in consumer purchases based on their peers.
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3 years ago
Which one is NOT a competing value:
IgorLugansk [536]

Short Term vs Long Term is NOT a competing value.

<h3>Competing value</h3>

Competing value are range of values and priorities that determine and influence a community's culture.

Examples of Competing value are <em>Justice vs Mercy, Truth vs Loyalty, Person vs Society.</em>

Short Term vs Long Term is NOT a competing value.

Find out more on Competing value at: brainly.com/question/24877850

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3 years ago
What is fraud and how does it impact health care costs?
valentinak56 [21]

The National Health Care Anti-Fraud Association (NHCAA) estimates that the financial losses due to health care fraud are in the tens of billions of dollars each year.

Whether you have employer-sponsored health insurance or you purchase your own insurance policy, health care fraud inevitably translates into higher premiums and out-of-pocket expenses for consumers, as well as reduced benefits or coverage. For employers-private and government alike-health care fraud increases the cost of providing insurance benefits to employees and, in turn, increases the overall cost of doing business. For many Americans, the increased expense resulting from fraud could mean the difference between making health insurance a reality or not.

However, financial losses caused by health care fraud are only part of the story. Health care fraud has a human face too. Individual victims of health care fraud are sadly easy to find. These are people who are exploited and subjected to unnecessary or unsafe medical procedures. Or whose medical records are compromised or whose legitimate insurance information is used to submit falsified claims.

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Answer:

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Explanation:

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The interpretation of that same question has been characterized throughout the explanation paragraph below.

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