During the Middle Ages, rules governing commercial transactions in Europe were known as:
a. the lex imperium b. the lex populi
c. the lex loci
d. the lex gentium
e. none of the other choices
e
You might also like to view...
When a publicly traded company issues both common stock and preferred stock, the SEC requires that:
A. mandatorily redeemable preferred stock be shown as a liability. B. preferred and common stock be combined in the equity section. C. preferred and common stock be clearly differentiated on the balance sheet. D. all preferred stock be shown as a liability.
The so-called ______ shows the amount of one product that a nation must sacrifice in order to obtain one more unit of the second product.
a. autarkic cost b. marginal rate of transformation c. technology cost d. accounting cost
A classic industry example of "tying" is:
A. Microsoft- selling their operating system and Internet browser together B. Apple- patenting the round dial on the iPod C. Amazon- collecting and controlling information on users without their consent D. Verizon- offering rebates on phones if customers sign a 2-year contract E. Gillette- selling razor refills for a higher cost than the original razor
Before the year began, Murphy Manufacturing estimated that manufacturing overhead for the year would be $176,000 and that 13, 700 direct labor hours would be worked. Actual results for the year included the following: Actual manufacturing overhead cost $184, 100 Actual direct labor hours 15, 100 The amount of manufacturing overhead allocated for the year based on direct labor hours would have been _____.
A. $194, 035. B. $184, 100. C. $176,000. D. $167, 031.