natural monopolies by explaining how they have impacted society and why they exist. It is also the intent to summarize the Antitrust Laws‚ explain the major functions of the five primary federal regulatory commissions that govern social regulation‚ and identify three main regulatory commissions of industrial regulation. Industrial Regulation is a type of regulation where the government concerns itself with public services such as public utilities and how much the consumers are charged by companies
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Q. How Will You treat ‘ packing expenses on sales’ in final accounts? Ans. It is an indirect expense‚ therefore‚ it should be shown in the Profit & Loss Account. Adjustments at a Glance Sl No. Adjustments Adjustment Entries Treatment in Final Accounts 1. Closing Stock Closing Stock A/c Dr. To Trading A/c a. Credit side of Trading A/c. b. Show on the assets side of B/S 2. Outstanding or unpaid expenses Expenses A/c Dr. To Outstanding exp. a. Add to the
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Antitrust Act‚ The Federal Trade Commission‚ and the Celler-Kefauver Act. The Sherman Act was created in 1890 had two major provisions which was to prohibit conspiracies to restrain trade and also to outlaw monopolization. In 1914 the Clayton Act was passed to expand off of the Sherman Act. The Clayton Act strengthened the Sherman Act in several ways: price discrimination‚ typing contracts‚ acquisition‚ and interlocking directorates. In 1914‚ the Federal Trade Commission Act (FTC) was created to enforce
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protecting consumers‚ striving to achieve fair competition in the market place‚ and to achieve and allocate efficiency. The 4 Antitrust Laws that are major pieces of legislation are; The Sherman Act of 1890 The Clayton Act of 1914 The Federal Trade Commission Act of 1914 (which also includes an Amendment known as the Wheeler-Lea Act of 1938) The Celler-Kefauver Act of 1950 (which is an Amendment to the Clayton Act of 1914) The Sherman Act of 1890 was enacted following the public outcry of resentment
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determine the principles on which fair wages should be fixed Wages and salary incomes in India are fixed through several institutions. These are • Collective bargaining • Industrial wage bound • Govt. appointed pay commissions • Adjudication by courts & tribunals 1. COLLECTIVE BARGAINING:- • Collective bargaining relates to those arrangements under which wages and conditions of employments are generally decided by agreements negotiated between the
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implementing solutions for environmental sustainability‚ the Energy Commission embarked on a bold vision to develop its headquarters in line with highest global standards in green initiatives‚ to showcase the best practices in environmental solutions. The vision of the Diamond Building was first sowed in 2002 with an aim to build a facility with green and energy efficient technologies‚ which will aptly symbolises Energy Commission as a regulator for the energy
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religion‚ uneven development‚ demand for autonomy‚ identity politics‚ competing political interests‚ caste and race. Gopal Krishna Gokhale was the first person who proposed for devolution of financial authority among Provinces under Decentralisation Commission in 1908. In January 1947‚ Union Powers Committee (Nehru as Chairman) submitted its first report on April 17‚ 1947‚ outlining the scheme of distribution of powers between the Union Govt. and the provinces. The Govt. of India Act 1935 proposed to
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perceive this inconsistency as a signal of manipulation or fraud. The cause of this problem was PPD’s accounting method for advanced commission‚ in which commissions are paid to sales associates before premiums are collected from members. When the 134‚725 new memberships were sold during the third quarter of 1999‚ the company paid a great deal of advance commissions to its sales associates. As a result‚ the free cash held by the company decreased significantly. Also‚ by classifying these business
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The landmark United States Supreme Court case‚ Marbury v. Madison‚ is arguably the most important case in Supreme Court history. This case establishes the Supreme Court’s power of judicial review. The Merriam-Webster Dictionary defines the term judicial review as “a constitutional doctrine that gives to a court system the power to annul legislative or executive acts which the judges declare to be unconstitutional.” In this essay I will give a brief summary of the case‚ explain the important concept
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“Canada: Supreme Court Rules Ottawa Complicit in Abuse of Omar Khadr.” Human Rights Watch (2008). 23 May 2008 Daskal‚ Jennifer. “US: Improve Prison Conditions at Guantanamo.” Human Rights Watch (2008). 10 Jun. 2008 “Fact Sheet: The Military Commissions Act of 2006.” (2008). United States‚ the White House‚ George W. Bush. 17 Oct. 2008 Glaberson‚ William. “Former Prosecutor to Testify for Detainee.” The New York Times (2008). 28 Feb. 2008 Shane‚ Scott. “China Inspired Interrogations at Guantanamo
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