Bloom and Plant organize a partnership on January 1. Bloom's initial investment consists of $300 cash, $1,200 equipment and a $500 note payable reflecting a bank loan for the new business. Plant's initial investment is cash of $1,000. These amounts are the values agreed on by both partners. The journal entry to record Bloom's investment is:

For review 1. in terms of which government is sovereign, differentiate among a unitary system, a confed- eral system, and a federal system of government. 2. to which level of government does the constitution distribute the enumerated po implied powers? concurrent powers? reserved powers? provide several power. 3. what matters fall within the scope of state sovereignty? differentiate among dual federalism, cooperative federalism, centralized federalism, and conflicted federalism. how does the national government use grants-in-aid, mandates, and preemption to direct the policy of state and local governments? 6. what do we mean by intergovernmental relations? why is the term a good description of u.s. federalism today? 7. list several advantages and several disadvantages of a federal system.

Exaggerated clams about a product appeared in advertising and on the product packages what are some examples of false promises made in marketing

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