There are 20 owners for McJellies, Inc. None of those owners are personally financially liable for the company. What type of business is this?
- Sole Proprietorship
- Corporation
- Partnership

Answers

Answer 1

Answer:

- Corporation

Explanation:

At least two people are required to form a corporation. The owners of a corporation are treated as separate entities from the business. The owners, also known as shareholders, enjoy limited liabilities to the debts of the corporation. In case of a liquidation, they cannot lose more than their capital contribution.

A sole proprietorship is owned by one person, but a partnership requires at least two people to form. The owners of sole proprietorships and partnerships have unlimited liabilities to the debts of their businesses. Should the businesses fail in meeting their obligations, owners' personal assets can be used to settle the outstanding debts.


Related Questions

Which of these should you consider while communicating in a diverse workplace?
a. culture
b. communication mode
c. appearance
d. financial status

please answer asap!!

Answers

Answer:

A. Culture

Explanation:

Culture is very important and is reflective of how people communicate and etc. For example, the big business setting in China differs from America, so you would want to know how to be respectful of their culture. In China, when giving and receiving business cards, you have to accept it with two hands, not one hand. Failure to do so will cause you to look rude!

I hope this helps clear things up!

List three things that you can do to ensure that you have set healthy boundaries between yourself and others at work.

Answers

Answer:

Limited negativity, Laughs, and non-heated arguments

Explanation: you need some negativity it gets boring when someone just constantly agrees with you, and you need arguments to see the other person field of view however they should be calm and well-thought out and not aggressive.  

When performing a self-assessment, it is useful to ask yourself whether you _________.
a.
Really enjoy what you do at work
b.
Think your job pays enough
c.
Can achieve your career goals in the same company
d.
All of the above


Please select the best answer from the choices provided

A
B
C
D

Answers

D because all of these are important and reasonable for a self assessment

Answer:

D) all of the above

Explanation:

Just took the test

Identify and explain one advantage and one disadvantage to BMW if the government increased value added tax

Answers

Answer:

The advantage for BMW is that an increase in value added tax will also affect BMW cars. This means that BMW will be more expensive, making it likely to for BMW earn more revenue, and thus, for its stockholders to earn more profit.

However, the disadvantage is exactly the same, just the other way around: the VAT increase would also affect prices for many parts, supplements, and other goods and services that BMW acquires to make cars. This in turn will also raise production costs, making higher selling prices not only a possibility, but likely a necessity in order to maintain profit margins.

This organizational structure violates the unity of
command principles because of dual reporting
relationship

A. Functional organization
B. Line type organization
C. Matrix organization
D. Network organization​

Answers

Question:

This organizational structure violates the unity of

command principles because of dual reporting

relationship.

Answer:

C. Matrix Organization

Explanation:

That's my opinion and I hope it helps ^_^

#CARRYONLEARNING #STUDYWELL
Question:

This organizational structure violates the unity of

command principles because of dual reporting

relationship.

Choosing:

A. Functional organization

B. Line type organization

C. Matrix organization

D. Network organization

Answer:

C. Matrix Organization

#READINGHELPSWITHLEARNING #CARRYONLEARNING #STUDYWELL

Select a disadvantage of a corporation:
a. More resources to access
b. Minimum liability
c. Meeting complex government requirements
d. Easier to raise money

Answers

Answer:

c. Meeting complex government requirements

Explanation:

The process of starting a corporation is long and complex compared to the other forms of business. Numerous legal requirements must be met before a corporation is registered. On most occasions, the founders need to hire a lawyer to assists in the registration process. The legal fee and registration fee makes incorporating a business expense.

What kinds of work would you be doing in the Printing Technology Pathway?

Answers

Answer:

The printing technology pathway includes occupations involved in prepress, press and binding, or post-press processes. Workers might transform text and pictures for printing plates, or use digital technology for graphics, layout or printing.

Explanation:hope that this helps :)

3. Cash Short and Over is classified as a(n) (A) asset. (B) liability. (C) expense.
(D) equity.

Answers

Answer:

(C) expense

Explanation:

Cash over and short are treated as business expenses. They are recorded in the cash and over the account.  It means businesses have cash and over an account in the General ledger.

Since the cash over and short account is an expenses account, cash over is debited, while a short is credited.

anybody have good jokes??

Answers

Answer:

dark humor... why did the kid in the wheelchair get bullied?

Explanation:

because he couldn't stand up for himself

Answer:

A string walks into a bar, the bartender says "Hey! We don't serve your kind here!" so the string walks out and wravels himself up. He turns himself inside out all in knots, gets all dirty, and ruffles up his ends. He walks back into the bar and the bartender says "Hey! Aren't you that piece of string I just threw out a second ago?" and the string answered "Im Afraid Knot!"

Which of the following ratios is used to determine ones debt-to-income ratio?
а. 20/28
b. 20/36
C. 28/30
d. 28/36

PLEASE HELP ASAP

Answers

I believe the answer is D.

Hope this helps! ^^

Answer:

I THINK D AS WELL

Explanation:

Please help!

a) Beatrice lives in a small town of 5,000 people. There are 1,500 people under the age of 16,
500 people who are retired, 2,750 people who have jobs, and 250 people who are actively
looking for work. What is the unemployment rate of Beatrice's town?

Answers

Answer:

8.33%

Explanation:

250 unemployed people looking for work / 3000-member labor force = 0.0833

3000 = 5000 (the population) minus 2000 (those who aren't part of the labor force; aka the kids and retirees)

Based on this model, households earn income when purchase in markets for factors of production.

Answers

Answer:

Circular flow diagram

Explanation:

Property, manpower, capital in exchange rates, centered on the spherical flow diagram. Event 1 happens in the commodity market since mojito cocktail is purchased by Susan, mojito cocktail is a successful, not a development factor in the market for products and services.

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