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IgorC [24]
3 years ago
7

Bob and Rob have started a food delivery business together called Grub Galore in their college town. They have not incorporated

their business and they run it from​ Bob's basement and garage. Grub Galore is an example of which form of business​ ownership?
Business
1 answer:
Neko [114]3 years ago
5 0

Answer:

Partnership Business

Explanation:

Partnership business is a business enterprise owned, managed and financed by a minimum of two individuals for the purpose of making profit.

Grub Galore is owned by Bob and Rob which makes it a partnership business.

Advantages

1) Profit is shared by partners only.

2) It is financed by more than one person which makes capital more available.

3) Decision making is faster company to limited liability companies

Disadvantages

1) Loss is shared among partners only.

2) Death of one partner might lead to the end of the business.

3) Disagreement between partners might end the business.

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The purchase price and all costs to bring an asset to its desired condition and location for use should be ________.
Nana76 [90]

Answer:

b. capitalized

Explanation:

The purchase price and all costs to bring an asset to its desired condition and location for use should be capitalized.

3 0
3 years ago
Goschan Bank is a multinational bank. The employees from the bank's branches in underdeveloped countries are not given higher po
Otrada [13]

Answer:

B) adverse impact

Explanation:

Adverse impact refers to those practices that seems to be neutral for all the people but have a discriminatory effect on a certain group. It takes place in activities like hiring, promotion, training etc. of employees.

4 0
4 years ago
In economics, all of the following are included among the three main uses of money EXCEPT:
Anestetic [448]
The answer is B, which is weight of gold. I say this because money is used as a means of exchange, that is; it is used to get goods.
  Money is also used to store value because if you pay for something, you value it more. 
   It is also a unit of account. Hope i helped. Have a nice day.
4 0
3 years ago
Read 2 more answers
You saving up to buy a car. You plan on making your first savings deposit one year from today, and then making deposits for the
Phantasy [73]

Answer:

$10,904.84

Explanation:

According to the scenario, computation of the given data are as follow:-

Year  Deposit amount ($)  At 9% for 3 years Future value of deposits ($)

1            $1,500                            (1.09)^3 = 1.295029        $1,942.54

2             $3,000                    (1.09)^2 = 1.1881                 $3,564.3

3            $2,200                            (1.09)^1 = 1.09                 $2,398

4             $3,000                               1                                 $3,000

Total                                                                                   $10,904.84

Future value = cash flow × (1 + interest rate)^number of years

When the amount of $10,904.84 is available, I buy the car.

4 0
3 years ago
Which of the following statements about the role of institutions in economic growth is TRUE and which of the following statement
ki77a [65]

Answer:

Explanation:

(a) Expropriation has Truly been a major concern for the Government through out the globe, as the when an entity or body which is supposed to work for the good of the poor people by making use of the Government property starts dealing in illegal ways to grab it as private or work on other properties which are private in nature,

b) The European invasion of the many countries across the globe had initially been to gain ,more and more wealth and power through business.

However, it is true that the quality of the institutions colonized by the Europeans is related to whether the climate or the diseases in the colonized regime allowed the European settlers to live in those areas.

(c) It is true that the low quality institutions make it difficult to protect property rights and enforce contracts. The rights of the people are all dependent on how the State allows the people to enjoy them.  

(d) It is true that the low-quality institutions are central to the theory of poverty traps that states that countries need a big push to felicitate convergence in living standards to the developed world.

 

8 0
3 years ago
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