subject
Business, 13.10.2021 02:30 miguelturner

In 1998, several states sued the major tobacco firms for failing to disclose the extent of health problems associated with cigarette smoking. Ultimately, the major tobacco companies agreed to pay approximately $250 billion over a 25-year period to the states. The payments each tobacco firm made are proportional to the number of cigarettes each firm sells over that period; essentially a per unit tax on cigarettes. Why did the tobacco companies favor this type of settlement instead of having to pay a fixed amount per firm

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 16:50
The bonds issued by the south foot bear a coupon rate of 7.5 percent, payable semiannually. the bonds mature in 6.5 years, sell at par, and have a $1,000 face value. what is the yield to maturity
Answers: 3
question
Business, 21.06.2019 23:30
Martha is the head of the accounts department in a small manufacturing company. the company follows the accrual-basis method of accounting. it recently purchased raw materials worth $5,000 from its vendors. however, the company paid only $3,000 to its vendors. it plans to pay the remaining amount after three months. considering this information, which entry should martha record in the company’s accounts? a. $5,000 as accounts receivable b. $3,000 as accounts payable c. $2,000 as accounts payable d. $2,000 as accounts receivable
Answers: 3
question
Business, 22.06.2019 14:30
If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided
Answers: 1
question
Business, 22.06.2019 16:30
Why are there so many types of diversion programs for juveniles
Answers: 2
You know the right answer?
In 1998, several states sued the major tobacco firms for failing to disclose the extent of health pr...
Questions
question
English, 14.12.2020 18:00
question
Mathematics, 14.12.2020 18:00
Questions on the website: 13722367