No, internet service provider is not providing such information to the ftc because the ISP is shielded from accountability for such behaviour by the US Safe Web Act.
The enforcement of civil (non-criminal) antitrust legislation and the promotion of consumer protection are the primary responsibilities of the Federal Trade Commission (FTC), an independent body of the US government.
Together with the Department of Justice Antitrust Division, the FTC is responsible for overseeing federal civil antitrust enforcement. The Federal Trade Commission Building in Washington, DC, serves as the organization's headquarters. In reaction to the monopolistic trust crises of the 19th century, the Federal Trade Commission
Act, which became law in 1914, formed the FTC. Since its founding, the FTC has enforced both the provisions of the FTC Act, 15 U.S.C. 41 et seq., as well as the provisions of the Clayton Act, a significant antitrust act.
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which of the following is the best example of the product development stage? a delivering multiple versions of different phones to influencers for beta testing. b ranking the concept of high-quality camera versus other potential differentiators. c research revealing that customers are limited by existing smartphone cameras. d breaking down the feasibility of such a system based on the cost of development. e the engineering of the quad-camera feature.
The engineering of the quad-camera feature is the best example of the product development stage.
Simply put, a quad-camera setup refers to a mobile phone's rear four cameras (each with four lenses). A quad-cam setup includes a main camera lens, a telephoto lens, an ultra wide angle lens, and a depth sensor. These are all made with the goal of improving photography capabilities. Having four cameras on a mobile device primarily enables you to take better pictures with a deeper depth of field. It can also deliver faster focusing, greater detail capture, a bokeh effect akin to DSLRs, and monochrome images. A quadruple-lens camera that focuses exclusively on wide-angle photography will not be the best choice if you need a little extra zoom, as opposed to a triple-lens camera that also has a telephoto lens. The number of lenses on your phone ultimately doesn't matter.
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the world trade organization: group of answer choices is also known as nafta. is also known as the international monetary fund (imf). was established to resolve disputes arising under world trade rules. enhances world trade by providing interest rate subsidies to foreign borrowers who buy exports on credit.
The World Trade Organization was established primarily to resolve disputes arising under world trade rules. Thus, option (c) holds the correct answer.
The World Trade Organization (WTO) is the only international organization across the globe that deals with the rules of trade between countries. At WTO's heart are the WTO agreements, negotiated and signed by the world’s trading nations and ratified in their parliaments. The key objective of WTO is to ensure that trades flow between nations as smoothly, predictably, and freely as possible.
The WTO has many such as operating a global system of trade rules, acting as a forum for negotiating trading agreements, resolving trade disputes between its member nations, and supporting the needs of developing countries.
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garden-grow products is considering a new investment whose data are shown below. the equipment would be depreciated on a straight-line basis over the project's 3-year life, would have a zero salvage value, and would require some additional working capital that would be recovered at the end of the project's life. revenues and other operating costs are expected to be constant over the project's life. what is the project's npv?
The NPV of the project by Garden - Grow Products, given the depreciation, and cash flows, is $23,852.37.
How to find the NPV?To find the NPV, we need to find the cash inflows in the three years that Garden - Grow Products embarked on the project.
First find the annual depreciation:
= Net investment in fixed assets / 3 years
= 75, 000 / 3
= $25, 000
The profit before taxes for each of the three years:
= Sales - depreciation - operating costs
= 75, 000 - 25, 000 - 25, 000
= $25, 000
After tax profit is then:
= 25, 000 x ( 1 - tax rate)
= 25, 000 x (1 - 35%)
= $16, 250
The cash flows in year 1 and 2 each is:
= After tax profit + Depreciation
= 16, 250 + 25, 000
= $41, 250
The cash flows in year 3 is:
= 41, 250 + 15, 000 working capital
= $56, 250
The NPV is then:
= Present value of cash inflows from 3 years - Investment into project
= 41, 250 / 1.1 + 41, 250 / 1.1² + 56, 250 / 1.1³ - 90, 000
= $23,852.37
The rest of the question is:
WACC 10.0%
Net investment in fixed assets (basis) $75,000
Required new working capital $15,000
Straight-line depreciation rate 33.333%
Sales revenues, each year $75,000
Operating costs (excl. depreciation.), each year $25,000
Tax rate 35.0%
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the market below experiences sticky prices and wages. what is the new quantity demanded after a decrease in aggregate demand? three curves on a coordinate plane.
The new quantity demanded after a decrease in aggregate demand is The economy will continue to produce at the initial equilibrium price, but the amount demanded will decline, resulting in an output surplus.
What is aggregate demand?Aggregate demand identifies the complete market for all goods and services that an economy generates and expresses it as an overall dollar value. A nation might have a $1 billion annual aggregate demand for products and services, for instance.Consumer spending, investment spending, government spending, and the difference between exports and imports are all added together to determine aggregate demand. When one of these variables changes but the overall supply stays unchanged, aggregate demand will alter.In macroeconomics, the word "aggregate demand" is used to define the total demand for commodities produced domestically, including capital goods, consumer goods, and services.To learn more about Aggregate demand refer to:
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suppose a stock price can go up by 14.25% or down by 12.25% over the next year. you own a one-year put on the stock. the interest rate is 9%, and the current stock price is $57. a. what exercise price leaves you indifferent between holding the put or exercising it now? (do not round intermediate calculations. round your answer to 2 decimal places.) b. how does this break-even exercise price change if the interest rate is increased?
Here the stock price can go up or down by 15.25% and 13.25% the interest is 11% the stock price is $61.
suppose p is the probability of the rise in the stock price so if investors aer risk natural
Expected return = (probability of rise X change in the price) + (1-probability of risk)
0.11 = (px0.1525) + (1-p)x( - 0.1325)
0.11 = 0.1525p + 0.1325p - 0.1325
p = 0.851
the probability next period's stock prices are
$61x1.1525 = 70.30
$61x0.8675 = 52.92
let X be the break-even exercise price then the below equation should be true
X - 61 = [(p)($0) + (1 - p)(X - 52.92)] /1.11
= [(0.851x0)+(1-0.851)(X-52.92)]/1.11
1.11X-67.71 = 0+0.149X-7.8850
X = 61.51
therefore the broken exercise is 61.51
(b)
if the rate is increased in that case the value of the option will get down
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what is closely associated with chain of command because it gives a manager the right to exercise their power in a given situation?
Authority is closely associated with chain of command because it gives a manager the right to exercise their power in a given situation.
What is the role of a manager?Manages staff, plans, and evaluates departmental activities to meet departmental goals. maintains staff by brining in, appointing, onboarding, and training new hires. makes sure that the workplace is safe, secure, and lawful. develops opportunity for personal improvement.
What is a good manager definition?Managers who listen well develop their communication skills. They give others a chance to speak. They convey the organization's vision to their team members in a way that inspires them because they possess a clear understanding of it. They inform their colleagues on developments inside the company.
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a trademark is group of answer choices a legal right to position a firm's product in high-traffic public areas such as airports and post offices. a distinguishing attribute such as a sign or logo that allows a firm to uniquely identify its product. a legal instrument which grants a firm the right to differentiate its product. a patent on a firm's product.
A trademark is a distinguishing attribute such as a sign or logo that allows a firm to uniquely identify its product. The correct answer would be option B.
A trademark is a recognisable phrase, word, emblem or symbol that identifies a particular product and legally distinguishes it from all other products of its sort. A trademark recognises the company's ownership of the brand and solely distinguishes a product as being its own. Generally speaking, trademarks are regarded as a type of intellectual property.
Not only can trademarks aid in product differentiation within the judicial and commercial systems, but they also play a crucial role with customers. Words and design features that identify the creator, owner or developer of a good or service are identified and protected using them. They may take the form of company logos, catchphrases, musical acts, or product brand names.
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capacity to contract means a party is b) competent to enter into a legally binding contract. a) able to make an offer or accept an offer. e) able to comprehend the terms of a contract. d) able to make a promise. c) able to pay damages in the event of a breach of contract.
Capacity to contract means a party is competent to enter into a legally binding contract.
Those who are intellectually and legally capable of signing contracts that are enforceable by law are referred to as competent parties. Some people, like children, those who are intoxicated or on other drugs, and those who are mentally ill but not mad, have a limited capacity to contract. Persons with limited capacity to contract who are incompetent may renege on their agreements.
Disaffirmance is the name for this legal right to withdraw. Others lack any legal competence to contract since they are so totally incompetent. This group includes those with mental diseases who have been adjudicated crazy by a court.
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according to the affirmative-action plan required by the office of federal contract compliance programs, which term refers to a comparison of the race, sex, and ethnic composition of an employer's workforce with that of the available labor supply?
Utilization analysis refers to a comparison of the race, sex, and ethnic composition of an employer's workforce with that of the available labour supply
what is Utilization analysis?
An investigation of a workforce's demographics is known as a utilisation analysis, also known as a workforce utilisation review. The goal is to determine whether an organisation employs a particular group (such as women, minorities, etc.) at a rate that is consistent with the availability of the workforce or not.
Utilization analysis is crucial because it guarantees employees equal access to and access to opportunities. Not to mention, it motivates businesses to maintain their diversity and inclusion initiatives in accordance with the laws and guidelines overseen by the Equal Employment Opportunity Commission.
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which of the following audit committee activities is of the greatest benefit to the internal audit activity? assurance that the external auditor will rely on the work of the internal audit activity whenever possible. determine whether scope limitations impede the ability of the internal audit activity to execute its responsibilities. review and endorsement of all internal auditing engagement communications prior to their release. review and approval of engagement work programs.
The following audit committee activities is of the greatest benefit to the internal audit activity Be in considerable detail.
This answer is correct. The form and content of policies and procedures are dependent upon the size and structure of the internal audit activity and the complexity of its work (Inter. Std. 2040). Thus, the policies of a relatively large internal audit activity are likely to be more detailed than those of a relatively small internal audit activity.
The finest gain of inner audit is that it allows withinside the control of the organization effectively. Internal audits will spotlight any wrong methods which are observed and assist in rectifying the methods that cause development in manner efficiency.
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which of the following is a document whereby a bank promises to pay a payee a certain amount of money at a future time?
A certificate of Deposit is a document whereby a bank promises to pay a payee a certain amount of money at a future time.
A record may be dependent, like tabular documents, lists, paperwork, or clinical chart, semi-dependent like an ebook or a newspaper article, or unstructured like a handwritten word. documents are sometimes classified as a mystery, personal, or public. they'll also be defined as drafts or proofs.
The purpose of a document is to facilitate the switch of records from its author to its readers. it is the author's activity to design the report so that the facts it contains can be interpreted accurately and effectively. To do that, the writer can employ a fixed of stylistic tools.
process documentation is the act of capturing or documenting all of the steps in a particular assignment. preferably, it has to happen in real-time. As employees carry out an assignment, they record every step they take.
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Which of these situations can be handled by using the Management Information Systems?
Sometimes, there are problems in the inventory department.
At times, the organization faces problems with the performance of their products in the market.
Decision makers of the organization are not able to take proper decisions.
Employees face technical issues while feeding data into a database.
Option B. The situation that can be handled with the use of the Management Information Systems is At times, the organization faces problems with the performance of their products in the market.
What is the Management Information Systems?The study of people, technology, organizations, and their relationships is known as management information systems (MIS). MIS specialists assist businesses in getting the most out of their investments in people, technology, and operational procedures. MIS is a people-focused industry with a focus on providing services using technology.
An information system used for decision-making, as well as for the coordination, control, analysis, and visualization of information inside an organization, is known as a management information system. In an organizational setting, people, procedures, and technology are all involved in the study of management information systems.
Principal Information System Types
System for processing transactions.System for managing information.Decision Support Technologies.Master System.System for automating offices.Systems for managing knowledge.Read more on Management Information Systems
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a 3.0 percent coupon bond issued by the state of tennessee sells for $1,000. what coupon rate on a corporate bond selling at $1,000 par value would produce the same after-tax return to the investor as the municipal bond if the investor is in the 25 percent marginal tax bracket?
4% is the coupon rate on a corporate bond selling at $1,000 par value would produce the same after-tax return to the investor as the municipal bond if the investor is in the 25 percent marginal tax bracket.
What is the coupon rate?
A fixed-income security's nominal yield is expressed as a coupon rate. The coupon holder will yield less than the current market conditions when the market improves, as the bond won't pay more because its value was predetermined at issuance.
Information given in response to the query
3% is the coupon bond percentage.
Investor share is 25%
The following is how the corporate bond's coupon rate was calculated:
Corporate bond coupon rate = Corporate bond coupon percentage (1 - Investor percentage)
= 3% ÷ (1 - 0.25)
= 3% ÷ 0.75
= 4%
Therefore, we used the aforementioned formula to calculate the corporate bond's coupon rate.
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a peak is . a. a transition from an expansion in the business cycle to the start of a contraction b. a transition from a contraction in the business cycle to the start of an expansion c. a depression that lasts more than three years d. only a feature of geography and not an investment term e. none of the above
The transition from an expansion to the beginning of a contraction in the business cycle is known as a peak.
In a business cycle, a peak is the highest point in between the end of an economic expansion and the beginning of a contraction. The final month of the cycle is referred to as the peak, and it is the month before several important economic indicators, like employment and new housing starts, begin to decline.
What is the business cycle's highest point?A top in the business cycle happens when financial action arrives at its most elevated point and starts to dial back or turn down. When economic activity begins to decline or economic growth becomes negative, the contraction phase begins.
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would you consider the price elasticity of demand for toilet paper to be elastic or inelastic? why?2. what are some of the non-price determinants (factors) of demand and non-price determinants (factors) of supply for toilet paper?3. what are some of the determinants of supply for toilet paper?4. what do you feel were the most impactful contributing factors to the toilet paper shortage of 2020?
Relatively inelastic consider the price elasticity of demand for toilet paper to be elastic or inelastic.
Relatively inelastic demand is one when the percentage change produced in demand is less than the percentage change in the price of a product. For example, if the price of a product increases by 30% and the demand for the product decreases only by 10%, then the demand would be called relatively inelastic.
Relatively inelastic demand means that there will be more change in the price of a good or service than in the demand for that good or service.
Electricity, gas, oil, and water are all relatively inelastic because consumers rely on these as necessities rather than luxuries.
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1. If you are an account holder, is it necessary to know how to prepare bank documents related to your account? cite an example.
Bank documentation consists of a wide range of documents, including bank certificates of accounts and balances, statements of accounts and transactions, certificates of constituted deposits, contracts for account establishment or deposit constitution, and so on.
You will require the following information: This is your Social Security number. A legitimate government-issued photo ID, such as a driver's license, passport, or state or military identification card. To activate your account, you must make a minimum deposit of $25.
Bank reconciliation statements verify that payments have been processed and cash collected has been deposited. The reconciliation statement aids in identifying discrepancies between the bank balance and the book balance so that appropriate changes or repairs can be made.
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when looking at the critical path for a delayed project and the project manager sees that adding resources will reduce or remove the delay, the project manager knows that the project is:
When examining a project's critical path and determining whether adding resources will shorten or end the wait, the project manager understands that project is smoothing.
What is the role of the manager?A manager's duties include: maintains staff by bringing in, choosing, onboarding, and training new hires. makes sure that the workplace is safe, secure, and lawful. develops opportunity for personal development. By conveying job expectations and organizing, analyzing, and appraising job outputs, managers can achieve their goals for their staff.
What makes a good manager?They give others a chance to speak. They communicate the organization's vision to their team members in a way that inspires them because they have a clear knowledge of it.
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silence can be a sufficient method of acceptance b) if the parties to a contract have habitually used this method to communicate assent. c) when the offeror leaves the jurisdiction after making the offer. d) when the contract is a unilateral contract. a) when the contract is a bilateral contract. e) when the offeree forgot to communicate its acceptance.
Silence can be a sufficient method of acceptance if the parties to a contract have habitually used this method to communicate assent. Hence option B is correct.
At the point when an individual answers to no offer it isn't acknowledged in the majority of the cases. This is valid regardless of whether the proposition says silence will be viewed as acknowledgment. There are, be that as it may, rules for this standard. Assuming the connection between the gatherings is with the end goal that it isn't normal that the offeree to answer, silence by the offeree may constitute acceptance. Another special case would be where the offeree promptly comprehends that silence or an inability to answer implies acknowledgment of the deal. This by and large just emerges in circumstances where the offeror and offeree have a past filled with earlier dealings.
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Are assets that are additions to land and have limited useful lives, such as walkways and fences.
Walkways and fences are examples of land improvements, which are assets that are added to the land and have a finite useful life.
What Exactly Is Land Improvement?Buildings are typically written off when a business buys them towards the end of their useful lives. However, the land that is purchased along with the building is not depreciated. Life on the earth is endless. It won't decay over time as a structure would. Land can never be exhausted and cannot be destroyed.
Land improvements stand entirely apart from the actual land. Because of this, land improvements are viewed as entirely different assets than actual land. The cost of land improvements is not included in the purchase price of the land.
It is depreciated over the course of its useful life much like other fixed assets and is instead viewed as a wholly different asset purchase.
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if the monopolist can engage in perfect price discrimination, what is the average revenue when 7 ties are sold
When a monopolist engages in ideal price discrimination, the marginal revenue curve lies beneath the demand curve. the demand curve and the marginal income curve are identical.
What is a flawlessly discriminating monopolist?A discriminating monopoly is a monopoly firm that fees one of a kind costs to one of a kind segments of its customer base. An on-line retailer might also charge greater expenses to customers in wealthy ZIP codes and decrease expenditures to these in poorer regions.
Is a perfectly rate discriminating monopolist efficient?The flawlessly charge discriminating monopolist will be allocatively efficient due to the fact the ultimate unit bought will have a fee equal to marginal cost.
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What should a worker do to identify the type of shop agreement a company has?
Explain the difference between a union shop agreement and an open shop agreement.
What are the three types of labor unions that exist in the United States?
What is a grievance procedure?
Organized labor unions fought for better wages, reasonable working hours, and safer working conditions for industrial workers.
The labor movement was at the forefront of efforts to end child labor, provide health benefits, and assist injured or retired workers.
What factors prompted the establishment of unions?
Workplace issues like low pay, unsafe or unsanitary working conditions, long hours, and other issues were the motivation behind the formation of labor unions. Because they were members of the unions, workers frequently had issues with their supervisors.
What caused labor unions to emerge in the 1800s?
Despite the conditions, many workers were impoverished immigrants who were forced to continue working. An employee who made a complaint was fired and replaced. Workers began to rebel at some point. To fight for safer working conditions, better hours, and higher wages, they joined forces and formed unions.
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Which journal entry would be made by an accountant for a business for a $1,000 purchase of inventory on 1-August?
A. Inventory Cr 1,000
B. Inventory Dr 1,000
C. Cash Dr 1,000
D. Cash Cr 1,000
Journal entry would be made by an accountant for a business for a $1,000 purchase of inventory on 1-August Inventory Dr 1,000. Option B
What is a journal entry?Generally, The act of maintaining or creating records of any transactions, whether economic or non-commercial in nature, is referred to as an entry in a journal.
An accounting journal is a record kept by an organization that details the transactions that have taken place and display the debit and credit balances. The entry in the journal may include multiple recordings, each of which may be either a debit or a credit depending on the circumstance.
Each entry in the journal provides information that is pertinent to a single transaction made by a company.
This information includes the date, the amount that will be credited and debited, a short description of the transaction, and the accounts that will be impacted.
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Marina is a manager who has poor leader–member relations with her employees who perform unambiguous, easily understood tasks. She should use a task-oriented leadership style.
Answer:
False
Explanation:
Marina is a manager who has poor leader–member relations with her employees who perform unambiguous, easily understood tasks. She should use task-oriented leadership. Hence, the above statement is False.
What is the meaning of Manager?Whether an organization is a for-profit corporation, a government agency, or a nonprofit, management is the administration of that entity. It is both the science and the art of managing a company's resources.
In addition to assisting to establish key performance metrics and goals to advance the company, they serve as departmental leaders. A manager must also support employee growth and revise their approach to provide their team direction and clarity on what they are working on.
Informational, interpersonal, and decisional roles are the three main types of responsibilities that managers play. Business planning, decision-making, problem-solving, communication, delegation, and time management are just a few of the talents that make up management. A manager's abilities can make a difference. being able to listen rather than hear.
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your client, skip, is an investor who's just opened a thriving new sporting goods store in a location outside the city. what principle of value indicates that his thriving business will attract others to engage in similar activity in the same area, driving down his profits?
Your client, Skip, is an investor who's just opened a thriving new sporting goods store in a location outside the city. Principle of competition indicates that his thriving business will attract others to engage in similar activity in the same area, driving down his profits.
Answer - Principle of competition
What is competition and examples?
Competition is a relationship between organisms that has a negative effect on all of them. This can happen when two organisms are trying to get the same environmental resource. One common example is when organisms compete for a mate.
What are 5 examples of competition?
Intraspecific competition is an important regulator of the population size and can also act as a selective factor for evolution.
Example- Plants.Example- Corals.Example of Direct competition- Animals.Example of Indirect competition- Animals.Example of interference competition- Flamingos.Learn more about competition here :- https://brainly.com/question/25717627
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which of the following are responsibilities of order getters? (check all that apply.) multiple select question. informing customers about new goods and promoting them to all channel members completing sales transactions finding new business opportunities establishing relationships with new customers
Order getter should informing customers about new goods and promoting. Also finding new business opportunities establishing relationships with new customers.
Who are Order getter ?Order getter is a salesperson who actively attempts to persuade consumers to purchase rather than only taking orders that the customers voluntarily place.Order-getters include, for instance: Account executives: A salesperson tasked with managing a client relationship is known as an account manager. They frequently maintain ongoing relationships with their customers, which leads to numerous sales over time.A company's sales teams are made up of varied individuals who each bring special talents to the table. Your sales skills can be improved by utilising a variety of techniques, and the best technique to use will depend on your selling style, product, and industry.Order takers rely on the consumer to make their own purchasing decisions. Order takers get to know their clients and have an impact on their purchasing decisions. Building trust with your potential buyer should take up the majority of your effort when you're trying to sell something.To learn more about Order getter refer :
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the 2008 act that includes some regulations on the resale of goods is the: group of answer choices consumer product safety act. consumer product resale safety act. consumer product safety improvement act. consumer product resellers inclusion act.
The answer to the given question is Consumer Product Safety Improvement Act.
What is Consumer Product Safety Improvement Act?
The Consumer Product Safety Improvement Act (CPSIA) is an act to authorize consumer product safety standards and other safety concerns for children's products and to re-establish and develop the Consumer Product Safety Commission. The Act was signed into law on August 14, 2008. CPSIA makes consumer products safer by compelling that toys and infant products be tested to compulsory standards before they are sold.
The Consumer Product Safety Improvement Act (CPSIA) imposes new testing and documentation requirements, and regulates new acceptable levels of certain substances on producers of shoes, apparel, accessories and jewelry, personal care products, bedding, home furnishings, electronics and video games, toys, books, educational materials, school supplies and science kits. The Consumer Product Safety Improvement Act (CPSIA) also rises fines and states jail time for some offenses.
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21. minke has an antique restoration business and has a great ability to envision a piece of junk as a restored final masterpiece. throughout his life he has tinkered with innovative ideas and has invented new products. it is clear that minke possesses a high level of .
Minke has an antique restoration business and has a great ability to envision a piece of junk as a restored final masterpiece. Throughout his life he has always tinkered with innovative ideas and has always invented new products. It is clear that Minke possesses a high level of creativity.
Antique restoration is the process of repairing and refurbishing antique furniture and other objects. It can be a very rewarding process, as it can help bring old pieces back to life and preserve them for future generations.
Antiques are often delicate and fragile, and rough handling can easily damage them. Different woods, metals, and fabrics will all require different treatments, and using the wrong ability can cause further damage.
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the best definition of inflation is a(n) group of answer choices temporary increase in prices. increase in the price of one important commodity such as food. persistent increase in the general level of prices as measured by a price index.
the best definition of inflation is a persistent increase in the general level of prices as measured by a price index
The broad word for an increase in the cost of goods and services throughout an economy in the study of economics is inflation. As the general price level rises, each unit of currency may buy fewer goods and services, hence inflation is related to a reduction in the purchasing power of money.
The three primary sources of inflation that can be broadly defined are cost-push, demand-pull, and inflation expectations.
Both high and low inflation can be harmful to the economy, however low inflation may be worse. When the economy is struggling and inflation is too low, the Fed will take the opposite action by lowering interest rates or buying assets to increase cash flow.
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a(n) is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange, but does not take title to the goods. group of answer choices
An agent and broker is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange but does not take title to the goods.
What are agent and broker?Agents and brokers are described as the traders that conduct the trade of goods, or can associate with buying and selling processes. It is important to mention that agents and brokers form an important link in influencing a supplier, trading of products, and movement of goods.
The agents and the brokers do not possess the goods but act as an important intermediary who makes it easy to buy and sell. In other words, the agents and the brokers bring the sellers and the buyers together so that an effective negotiation process can be conducted.
It can be concluded that an agent and broker is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange but does not take title to the goods.
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in order to achieve higher quality cost information from the assignment of overhead costs to products manufactured, the use of a predetermined overhead rate is being replaced by
Job order costing is used to achieve higher quality cost information from the assignment of overhead costs to products manufactured. Job order costing replaced the use of a predetermined overhead rate.
In business, job costing generally can be described as an accounting which tracks the costs and revenues by "job" and enables standardized reporting of profitability by job. Job costing must allow job numbers to be assigned to individual items of revenues and expenses for an accounting system to support job costing. There are several aspect of job order costing, such as direct labor, direct materials, and overhead to each production unit.
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