This statement on the laws that firms should obey that incudes labor and consumer protection laws is <u>True</u>.
<h3>What Laws should companies follow?</h3>
- Companies should follow all laws in a nation.
- They should especially follow those that relate to them such as labor and consumer protection laws.
The laws of a nation are for everyone in that nation including companies. Unless a law states that companies can be exempted, they are bound by all laws.
In conclusion, this is true.
Find out more on labor laws at brainly.com/question/19832789.
Explanation:
Credit purchase : When goods are purchased on credit , cash does not go out , but supplier or creditor becomes the giver. Therefore , goods or purchases account is debited and supplier or creditor account is credited.
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Answer:
a. $12,925.
Explanation:
the inventory cost by the first-in, first-out method are $12,925.
a. The contract that Jamie entered into for the purchase a washer and dryer based on an in-store credit card with McKinney Appliances constitutes an <em>enforceable security interest.</em>
The enforceability of the contract stems from the fact that Jamie freely agreed to use the store's credit and the agreement was not a fraud. With this security interest, McKinney Appliances officially establishes its security interest in the washer and dryer. It can exercise the claim in the appliance when Jamie fails to honor the agreement.
b. Yes. It is an enforceable contract. This contract involves the sale of goods with a down payment and credit.
Thus, McKinney Appliances can legally force Jamie to pay on his account, failing which, McKinney Appliances may recover Washer and Dryer.
Learn more: brainly.com/question/9636559
1) Always maintain a book for accounts or maintain an app regarding to track your expenses
2) keep an accountant to track his expenses