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2 years ago

If you don't own a home or a car, your liability is

Business

1 answer:

muminat2 years ago

8 0

If you don't own a home or a car, your liability is b. lower than one who owns both.

<h3>What is a Liability?</h3>

This refers to the legal state of a person who is responsible for something that is put in his care.

Hence, we can see that for a person that owns a car and house, the liability that he has is far higher than someone that does not own any of them.

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The costs of bringing a corporation into existence, including legal fees and promoter fees, are called:

Novay_Z [31]

Answer:

organization expenses.

Explanation:

A corporation can be defined as a corporate organization that has facilities and owns or controls assets used for the production of goods and services in at least one country other than its headquarter (home office) located in its home country.

This ultimately implies that, a corporation is a corporate organization that owns or controls its business in two or more countries.

Some examples of multinational firms are Ap-ple, Volkswagen, G-oogle, Shoprite, Nestlé, Accenture, Shell BP, Chevron etc.

The costs of bringing a corporation into existence, including legal fees and promoter fees, are called organization expenses.

7 0

3 years ago

The Freed Corporation produces three products, X, Y, Z, from a single raw material input. Product Y can be sold at the split-off

dexar [7]

Answer:

Increase in income= (68,000 - 16,000) - 50,000= 2,000

New income= 68,000 - 16,000= 52,000

Explanation:

Giving the following information:

Product Y can be sold at the split-off point for total annual revenues of $50,000, or it can be processed further at a total annual cost of $16,000 and then sold for $68,000.

Increase in income= (68,000 - 16,000) - 50,000= 2,000

New income= 68,000 - 16,000= 52,000

3 0

3 years ago

Fill in the blanks

lianna [129]

Answer:

1ooo

Explanation:

because the important

4 0

3 years ago

The aggregate expenditure model can be written in terms of four spending categories. Which equation shows the relationship betwe

Kay [80]

Answer:

The correct answer is AE = C + I + G + NX.

Explanation:

Aggregate spending (in Keynes's opinion) is the key to economic activity, that is, what families, businesses and government plan to buy determines what companies will end up producing. In the first stage of the analysis, a simplified model excludes the government, assumes that there is no foreign sector, and that the level of real income or income (and not prices) is the main determinant of aggregate expenditure

7 0

3 years ago

What does it mean to say that "banks create money"?

vova2212 [387]

The process wereby banks make loans equal to amount of their excess recerves and create new checkbook money is known as multiple deposit creation each time a bank recieves a deposit it sets aside some of it to meet reserve requirements and may lend an amount equal to the remaing excess reserves

8 0

3 years ago