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Ymorist [56]
3 years ago
9

Which of the following statements is false?

Business
2 answers:
tangare [24]3 years ago
4 0
I believe the In a limited liability partnership, all partners are limited partners
olga_2 [115]3 years ago
3 0

Answer:

A) sole proprietorship is a type of limited partnership

Explanation:

A sole proprietorship is not a type of partnership, not a general partnership, nor a limited partnership.

Sole proprietorships are the simplest business organizations, since they are not a separate legal entity. A sole proprietorship only requires one single person that works in the business and who is completely responsible and liable for all the business profits, obligations and debts.

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Monumental, Inc. contracts with Champion Builders to erect a three-story office building on a parcel of land it has purchased. B
Elza [17]

Answer:

A) True

Explanation:

Monumental can discharge the contract by frustration. In order for a contract to be discharged by frustration, four conditions have to occur:

  1. An unforeseeable event must occur: In this case the zoning changes were unforeseeable.
  2. No party is at fault: the zoning board made the changes to the zoning of the land.
  3. Performance is impossible: there is no reason why an office building should be built in a residential only area.
  4. The result is radically different than expected: neither Monumental or Champion Builders expected a zoning change to occur.
7 0
3 years ago
Tide Corporation has traditionally made a subcomponent of its major product. Annual production of 30,000 subcomponents results i
poizon [28]

An amount of $24 per unit will need to be charged by the outside supplier to make Tide be indifferent between making or buying the subcomponent.

Relevant cost per unit to make = (Direct materials + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead) / Total sub-component unit

Relevant cost per unit to make = ($250,000 + $200,000 + $190,000 + $80,000) / 30,000 units

Relevant cost per unit to make = $24

Hence, the  indifferent price is $24 per unit

Therefore, an amount of $24 per unit will need to be charged by the outside supplier to make Tide be indifferent between making or buying the sub-component.

Read more about  indifferent price:

<em>brainly.com/question/24516871</em>

8 0
2 years ago
Analysis of the Impact of Adjustments on Financial Statements At the end of the first month of operations, the Stephan Company’s
matrenka [14]

Answer:

Explanation:

The correct amounts are shown below:

1. Assets =  Asset balance - depreciation + service revenue

               = $60,000 - $925 +  $1,500

               =  $60,575

2. Liabilities = Liabilities balance + employees wages earned

                    = $20,000 + $410

                    = $20,410

3.  Stockholders' Equity = Equity balance - depreciation + service revenue - employees wages earned

                                        = $40,000 - $925 + $1,500 - $410

                                        = $40,165

4.  Net Income = Net income balance - depreciation + service revenue - employees wages

                        = $9,000 - $925 + $1,500 - $410

                        = $9,165

6 0
3 years ago
What kind of skills is necessary as an art and communication manager?
adoni [48]

Answer: all of the above

Explanation:

3 0
2 years ago
Read 2 more answers
When sales are made in a local Walmart, the sales data is sent to Walmart headquarters where the data are used to build a pictur
meriva

The question is incomplete:

When sales are made in a local Walmart, the sales data is sent to Walmart headquarters where the data are used to build a picture of the buying habits of people who shop at individual Walmarts across the nation. The use of ________ makes this possible.

A) POS systems

B) social shopping

C) e-commerce

D) e-menus

E) direct selling

Answer:

A) POS systems

Explanation:

-POS System refers to the equipment and software that retailers use in their stores to register the sales. This system has the information about the sales, the inventories and CRM.

-Social shopping is a method that is used for online shopping that tries to involve friends in the purchasing experience.

-E-commerce  refers to purchasing and selling goods online.

-E-menus is a system used by restaurants that allows to order food through an electronic device.

-Direct selling refers to selling directly to consumers without using intermediaries.

According to this, the answer is that the use of POS systems makes this possible because these systems have the information from stores like sales and inventory that allows to analize people's buying habits.

5 0
3 years ago
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