The refusal by the foreign US-controlled employer to apply US antidiscrimination laws because doing so would violate local laws, is:

a. the foreign compulsion defense.

b. the Bona Fide Occupational Qualification defense.

c. the foreign conflict of laws defense.

d. the non-extraterritorial applicability of US laws abroad.


a

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What will be an ideal response?

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Cooking a patty and putting the ingredients together are included in the process of making a hamburger.

Answer the following statement true (T) or false (F)

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Vincent Company purchased merchandise from Liu Company with an invoice price of $300,000 and credit terms of 2/10, n/30. Liu Company's cost for the merchandise was $200,000. Vincent Company paid within the discount period. Assume that both buyer and seller use a perpetual inventory system and the gross method of recording invoices.1. Prepare entries that Vincent should record for (a) the purchase and (b) the cash payment.2. Prepare entries that Liu should record for (a) the sale and (b) the cash collection.3. Assume that the buyer borrowed enough cash to pay the balance on the last day of the discount period at an annual interest rate of 9% and paid it back on the last day of the credit period. Compute how much the buyer saved by following this strategy. (Assume a 365-day year and round

dollar amounts to the nearest cent.) What will be an ideal response?

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Which of the following statements about a progressive tax rate structure isĀ false?

A. The federal income tax has always used a progressive rate structure. B. Progressive rates result in greater vertical equity than a proportionate rate. C. Progressive rates reflect the theory of the declining marginal utility of income. D. Progressive rates increase as the tax base increases.

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