Answer:
a.Relaxant’s shareholders (the ex-partners) will now be exposed to less liability.
Explanation:
Legally, a corporation is a distinct entity separate from its owners. It has commercial rights to transact businesses, enter into contracts, and own properties. A corporation is a legal person and is subject to taxation; it can sue or be sued.
One distinctive aspect of a corporation is that its owners have limited liability to the debts of the business. If the company is unable to meet its obligations, the personal properties of owners cannot be attached to the debts. The owners of Relaxant Inc. will be exposed to less liability when they are shareholders as compared to when they were partners. The liability of an individual shareholder is limited to the amount of their capital contribution
Answer:
orrow $6230 to buy a car. The terms of the loan call for monthly payments for 5 years a rate of interes… ... of interest of 6 percent.
Explanation:
In the IMC communication process, the receiver is the person who reads, hears, or sees and processes the message being communicated.
<h3>What is the IMC planning process?</h3>
In the IMC communication process, the receiver is the person who reads, hears, or sees and processes the message being communicated. In order to make a brand's messaging consistent across all of the media that it utilizes to reach its target audience, a method known as integrated marketing communications (IMC) is used.
IMC is a tactical technique that serves as a strategic framework for all marketing channels' communication. IMC offers a business an advantage over rivals and increases sales. When a company communicates with its customers, it develops a relationship with them and provides a frictionless purchasing experience, which eventually results in a foundation of devoted, lifelong customers.
To learn more about IMC communication process, visit:
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Answer:
net purchases = $374,400
cost of goods purchased = $391,500
Explanation:
net purchases = total purchases - purchase returns and allowances - purchase discounts = $392,500 - $11,900 - $6,200 = $374,400
cost of goods purchased = net purchases + freight in costs = $374,400 + $17,100 = $391,500