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Yakvenalex [24]
4 years ago
13

Which of the following types of business ownership has the advantages of pass-through taxation and liability protection?

Business
1 answer:
pickupchik [31]4 years ago
4 0
That will be a <span>Limited Liability Company (LLC)</span>
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Clancy sells shares in Darling Pool &amp; Spa Company to Eton. Clancy does not deliver the actual possession of the shares to Et
Norma-Jean [14]

Answer: constructive delivery

Explanation: In simple words, constructive delivery refers to the actions when one individual transfers the tile to other by operation of law when the actual delivery is not possible in the situation.

Such deliveries are a concern for the jury and are usually constituted by them as one needs a third party to study in detail the facts and law relating to the transfer.

Thus, from the above we can conclude that the correct option is B .

8 0
3 years ago
An employee earns $7,500 in wages and has $1,800 in Federal Income Tax withheld and $318 in State Income tax withheld. In additi
kogti [31]

Answer:

Dr. Wages Account with $7,500 (employee Wages Payable)

Cr. Federal Income Tax Payable on Employee Wage with $1,800

Cr. State Income Tax Payable on Employee Wage with $318

Cr. FICA Medicare Payable with $108.75 (1.45% on Taxable wage of $7,500)

Cr. FICA Social Security Payable with $465 (6.2% on Taxable wage of $7,500)

Cr. Bank/Cash/Wages Payable Account with $4,808.25 (Net Wage Payable to Employee)

Explanation:

Dr. Wages Account with $7,500 (employee Wages Payable)

Cr. Federal Income Tax Payable on Employee Wage with $1,800

Cr. State Income Tax Payable on Employee Wage with $318

Cr. FICA Medicare Payable with $108.75 (1.45% on Taxable wage of $7,500)

Cr. FICA Social Security Payable with $465 (6.2% on Taxable wage of $7,500)

Cr. Bank/Cash/Wages Payable Account with $4,808.25 (Net Wage Payable to Employee)

3 0
3 years ago
Read 2 more answers
Based on the 1790 U.S. Census, the National Archives estimates that only 20.7 percent of the U.S. population were white males si
o-na [289]

Answer:

6%

Explanation:

According to my research on U.S Census in the 1790's, I can say that based on the information provided within the question the National Archive estimates approximately 6% were eligible for participation in the political system. Since the National Archive and Records Administration is the organization in the U.S responsible for preserving and documenting all government and historical records, then we can say that this information is valid.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
4 years ago
Jackson enjoys seeing the end result of his hard physical labor. The interest area that he should consider careers in would be _
VLD [36.1K]

There are a lot of professions this could pertain to, but one of the most obvious is construction.

8 0
4 years ago
Read 2 more answers
Assume that the market equilibrium price is 50 cents for a pound of bananas, and the quantity sold is roughly 10 pounds. What ki
nekit [7.7K]

Answer:

The price control that could generate excess supply is to increase the price to 75 cents which would give the suppliers an incentive to supply since the potential profits have risen.

Explanation:

Market equilibrium can be defined as the point where market supply and market demand are equal,leading to stabilization of prices. The forces of supply and demand usually control the price at which goods and services will be set. Economists like Adam Smith utilized the concept of the free market to stipulate that the forces of supply and demand in a market will no government interference always push the market to it's equilibrium. Equilibrium generally means that the forces in the market have no incentive of changing their behavior.

Supply can be defined as the act of making something available to someone. In the context of an economy, the suppliers make goods and services available to the consumers. Demand on the other hand is the quantity of a good or service that consumers are willing purchase at a certain price. When demand exceeds the supply, the suppliers increase the price and when the supply exceeds the demand, the price drops.

In our case, increasing the price to 75 cents would give the suppliers an incentive to supply since the potential profits have risen. This would lead to excess supply since the price is set above the equilibrium price.

8 0
3 years ago
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