The police power of the states can extend to interstate business.
Explanation:
The 10th amendment to the Constitution in the USA grants States "not reserved to the United States" privileges and responsibilities. This allows States authority to create and enact laws that protect the protection, defense and safety of the people.
The States are interpreted as bound by their terms, and as substantive denials of the right to interfere with the internal activity of the separate States, with the exception, in reality, of any other authority specifically granted or obtained as required and effective means of implementing it.
The Senate had held that any person engaging in interstate commerce liable to "all" employees, including those who has intrastate operations alone, in spite to negligence-related accidents, without clear dependence on the tenth amendment, in the workers ' liability cases. The court ruled that this act has not been unconstitutional.
Answer:
Explanation:
kindly check the file below in the attachment corner for the solution. thanks.
<span>A company can have a product that they want a single customer to be able to use and profit from, they may sell that product to that customer at a lower price, allowing them to purchase more, and blocking out competitors with higher pricing.</span>
Answer:
Cause of a "Prior Period Adjustment in 2025 Statement of Retained Earnings:"
A. Failure to Accrue Revenue at 12/31/24, but not 12/31/21 Depreciation Overstatement.
Explanation:
A company's failure to accrue revenue in accordance with the accrual concept and revenue recognition principle means that there is a "Prior Period Error" which must be corrected retrospectively in the financial statements (Retained Earnings). Retrospective restatement involves the correction of the error arising from the recognition, measurement, and disclosure of amounts of elements of financial statements. The restatement is done as if a prior period error had never occurred.