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Veronika [31]
2 years ago
5

Federal antitrust statutes are complex, but the basic goal is straightforward: to prevent a major industry from being so dominat

ed by a small group of corporations that they destroy competition and injure consumers. Does Major League Baseball violate the antitrust laws? Many observers say that it does. A small group of owners not only dominate the industry but actually own it, controlling the entry of new owners into the game. This issue went to the United States Supreme Court in 1922. Justice Holmes ruled, perhaps surprisingly, that baseball is exempt from the antitrust laws, holding that baseball is not "trade or commerce." Suppose that a congressman dislikes this ruling and dislikes the current condition of baseball. What could he/she do?
Business
1 answer:
kicyunya [14]2 years ago
6 0

Answer:

Since it is the supreme Court that has given this decision, there is nothing much an individual congressman can do alone or even a president.

However, since anti trust laws do not cover those which are not trade or Commerce in nature, a congressman can propose to inact new laws that cover Sports related economic activities. Or they can pass a new law to include the sports related financials in the anti trust laws. But this could change the structure and the purpose of anti trust laws.

Explanation:

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Riverboat Adventures pays $450,000 plus $5,000 in closing costs to buy out a competitor. The real estate consists of land apprai
kkurt [141]

Answer:

$150,150

Explanation:

Total fair value of all assets:

= Land + Building + Paddleboats

= $67,200 + $158,400 + $254,400

= $480,000

Building accounted for:

= Fair value of building ÷ Total fair value

= $158,400 ÷ $480,000

= 33%

Therefore, the building is 33% of the total fair value of assets.

Cost of acquisition of assets:

= Amount paid + Closing cost to buy out a competitor

= 450,000 + 5,000

= $455,000

Cost to be allocated to the building:

= Cost of acquisition of assets × Percent share in total fair value

= $455,000 × 33%

= $150,150

8 0
2 years ago
Sal purchased a used toaster at a yard sale. The seller told Sal that although the toaster was more than 10 years old, she had n
inessss [21]

Answer:

<em><u>The manufacturer of the toaster would argue from the point of view of the warranty offered for the toaster.</u></em> In most electronic products, the manufacturer offers warranty ranging from 1 year to 5 years.

<em>For the toaster to have worked for more than 20 years without any problem shows that it was a good product. And, the warranty must have expired hence the need not to be held responsible for whatever happened to it.</em>

Explanation:

4 0
2 years ago
Use the Washington Post article Why We've Been Hugely Underestimating the Overfishing of the Oceans to answer the question. Whic
xenn [34]

Answer & Explanation:

Fish is a common resource not a public good because it is subject to rivalry in consumption.Tragedy of commons results when property right aren't assigned for the common resource.

4 0
2 years ago
If a firm sells a floor at 6% this will:
MA_775_DIABLO [31]

Answer:

E.pay the holder the LIBOR interest above 6%.

Explanation:

On the off chance that the firm is selling the asset(floor) at 6%, it implies that the benefit is in contract and thus when selling the floor the holder of the floor should make installment to the mortgagee at LIBOR+6%, after which the deal will be concluded.

Therefore, the answer will be pay the holder LIBOR interest above 6%

3 0
2 years ago
the essence of ________ is that organizational culture, structure, and hr practices must align to achieve the company’s strategi
jolli1 [7]

Strategic human resource management is simply known to be a future-based process that is employed in developing and implementing HR programs. The essence of <u>Strategic</u> <u>human</u> <u>resource</u> <u>management</u> is that organizational culture, structure, and HR practices must align to achieve the company’s strategies.

Human Resource strategy is often centered on organizational strategy. They handle all the key areas in HR. such as recruitment, learning and development, performance appraisal, compensation, etc.

  • Strategic Human Resource Management essential due to the fact that it is the foundation of a strong business, it makes sure that the company as a whole is working together to reach its goals.

Strategic HR uses different ways to make a direct impact on a company's growth.

Conclusively, Strategic human resource management acts as link betwee human resources with strategic goals and objectives so as to improve business.

Learn more from

brainly.com/question/23849860

8 0
1 year ago
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