Most federal regulations are based on power given to Congress under the Constitution's Privileges and Immunities Clause.

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


False

Business

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Silvermark Enterprises The following information is from Silvermark's 2012 accounting records. Gross purchases $201,000 Transportation-in 8,000 Inventory, January 1, 2012 26,500 Inventory, December 31, 2012 28,100 Purchase returns and allowances 9,000 Refer to the information provided for Silvermark Enterprises. How much will Silvermark report as net purchases for 2012?

A) $200,000 B) $209,000 C) $218,000 D) $201,600

Business

February 15, Big Roar used its boat inventory as well as any future inventory as collateral for a loan from Bryer Bank. Bryer Bank perfected by filing a financing statement the same day. May10, Big Roar bought 50 wave runners from Under the Sun, Inc under a purchase money security interest. Under the Sun notified Bryer Bank of the PMSI and perfected the PMSI by filling a financing statement

before delivering the wave runners to Big Roar. Big Roar filed for bankruptcy. As between Bryer Bank and Under the Sun, who has the priority to the wave runners bought on May 10? a. Bryer Bank. The first to file has the priority interest in the inventory. b. Under the Sun. In this situation the PMSI in inventory takes priority over a conflicting perfected security interest. c. Under the Sun and Bryer Bank share proportionally the priority interest in the inventory. d. Neither Under the Sun nor Bryer Bank have a priority interest. The employees and the IRS have superior claims.

Business

____________________ are often referred to as measures of central tendency

Fill in the blank(s) with correct word

Business

Stalinist unionism refers to a labor relations system in which unions are controlled by the government and play a dual role to protect state and labor's interests.

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

Business