Answer any one question from one of the following: Minimum three pages
Include Introduction, Content and reference
1. Explain how law can be regarded as a system of rules which can be subject to Amendment and Adjudication.

2. What are the accepted rules of Interpretation of Statues in case a Statute is elusive?

3. A Constitution as a source of Law is a document which establishes the main organs of the Government, confers them with authority to govern and outlines how to govern. Do you agree?

4. Identify the advantages and disadvantages of Statute Law.
 

Diversified semiconductors sells perishable electronic components. some must be shipped and stored in reusable protective containers. customers pay a deposit for each container received. the deposit is equal to the container’s cost. they receive a refund when the container is returned. during 2018, deposits collected on containers shipped were $856,000. deposits are forfeited if containers are not returned within 18 months. containers held by customers at january 1, 2018, represented deposits of $587,000. in 2018, $811,000 was refunded and deposits forfeited were $41,000. required: 1. prepare the appropriate journal entries for the deposits received and returned during 2018. 2. determine the liability for refundable deposits to be reported on the december 31, 2018, balance sheet.

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Your father offers you a choice of $120,000 in 11 years or $48,500 today. use appendix b as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. if money is discounted at 11 percent, what is the present value of the $120,000?