The traditional primary use of the Fifth Amendment's just compensation (takings) clause is to require the government to pay:
a. for all business records that must be produced for examination b. for property the government takes over
c. for all reductions in private property value caused by regulations d. its employees a wage consistent with private sector wages
e. none of the other choices
b
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Aric purchased a digital camera at a significant discount. Though the camera did not have all of the features he had wanted, he was pleased with the reduced price
Aric thought the photos he took with the camera were of a high quality, but he was disappointed that the camera did not have a larger memory and that its batteries needed to be replaced so frequently. Aric is best described as a ________ customer. A) loyal B) delighted C) defecting D) product champion E) switchable
In June 2015, the enterprise decided to reclassify the Mingo stock as trading securities. The stock had a market value of $41,000 at the time of the reclassification. What amount of holding gain or loss is immediately recognized in 2015 earnings?
a. $2,000 gain b. $1,000 gain c. $3,000 gain d. $1,000 loss
A transfer of the right to the possession and use of named goods for a set term in return for certain consideration is known as ________.
A. sale of goods B. lease C. title transfer D. repossession
How can a firm benefit from owning its own warehouses? What risks might the firm face from doing so?
What will be an ideal response?