All categories

2 years ago

Why were consumer protection laws created

1 answer:

3 0

Answer:Consumer protection laws exist to prevent dangerous or unethical business practices, such as false advertising or faulty products. For most consumer goods, the Federal Trade Commission regulates warranties and service contracts.

Explanation:

You might be interested in

A continuous decrease in the level of prices over time is called ________.

Nostrana [21]

A continuous decrease in the level of prices over time is called deflation. It involves the contraction of the supply of money in an economy. The opposite of such is inflation. During this time, the power of the currency and the wages are high than what is normal. It causes for capital, goods, services and labor costs to be lower. Monetary deflation can be caused by the decrease in supply of money or instruments that can be redeemed by money. In present, the supply of money is influenced by the central bank of each nation. Price deflation can be caused by a decrease in the demand of the goods and services and also increase in the productivity of the economy.

4 0

3 years ago

Creators can be assertive by

vodka [1.7K]

<span>Creators can be assertive by (e) none of the above. Saying yes to everything is not an example of assertiveness. Assumption of possible help is not an example of assertiveness. Avoiding confrontation is not an example of assertiveness. Blaming is not an example of assertiveness.</span>

3 0

3 years ago

The law that regulates the offering and sale of purely intrastate securities is known as the:

qaws [65]

Blue-Sky Laws

_Danielle_

4 0

3 years ago

57.Assume that Major Manuscripts, Inc. is currently operating at 97 percent of capacity and that sales are projected to increase

Ulleksa [173]

Complete Question:

Check the attached file for the complete question

Answer:

The projected addition to fixed assets is $1,533.33

Explanation:

Sales at 100% percent = Sales at current capacity/Current operating capacity

Since the Major Manuscripts, Inc. is currently operating at 97 percent of capacity of the net sales of $17,100

Sales at maximum capacity = 17,100/0.97

Sales at maximum capacity = $17,628.87

Projected to fixed assets = ([Current net fixed assets/Sales at maximum capacity]*Increase in sales) - Current net fixed assets

Projected addition to fixed assets = ([$11,400/17,628.87]*20,000) - 11,400 Projected addition to fixed assets = ([$11,400/17,628.87]*20,000) - 11,400 Projected addition to fixed assets = 12,933.33 - 11,400

Projected addition to fixed assets = 1,533.33

The projected addition to fixed assets is $1,533.33

7 0

3 years ago

Cullumber Construction Company earned $400,000 during the year ended June 30, 2017. After paying out $225,794 in dividends, the

vfiekz [6]

Answer:

Opening balance of retained earnings is $667,730

Explanation:

The balance of retained earnings at the the end is the sum of opening balance, profit earned and less dividend payment for the period

Retained earnings at the end = Opening balance + profit - dividend

<em>let y represent the opening balance</em>

841, 936 = y + 400,000 - 225,794

y= 841, 936-400,000 + 225,794

y= $667,730

Opening balance of retained earnings = balance sheet on July 1, 2016 is $667, 730

5 0

2 years ago