In general, consumer protection law at the state level is more stringent than federal law
a. True
b. False
Indicate whether the statement is true or false
True
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The following information is available on a depreciable asset owned by Mutual Savings Bank:Purchase dateJuly 1, Year 1Purchase price$85,000Salvage value$10,000Useful life10 yearsDepreciation methodstraight-lineThe asset's book value is $70,000 on July 1, Year 3. On that date, management determines that the asset's salvage value should be $5,000 rather than the original estimate of $10,000. Based on this information, the amount of depreciation expense the company should recognize during the last six months of Year 3 would be:
A. $8,125.00 B. $7,375.00 C. $7,812.50 D. $3,750.00 E. $4,062.50
Banks may not assign their loan contracts to other firms
Indicate whether the statement is true or false
Burke expands on the application of Lewin’s theory to include an analysis of perceived forces in the work environment and what people perceive the norms and values to be. Explain that elaboration
What will be an ideal response?
The main purpose of the Federal Insurance Contributions Act (FICA) was to:
A) Provide health insurance for all employees. B) Mandate worker's compensation insurance for employers. C) Provide life insurance for all employees. D) Provide benefits for workers who were unable to work because of age, disability, or death.