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Novosadov [1.4K]
3 years ago
15

Which describes the liability of an owner of a sole proprietorship?

Business
1 answer:
sasho [114]3 years ago
7 0
<span>A sole proprietorship is a DBA, a type of unincorporated business that is an individual doing business under a new name. The business is not legally separate from the individual owner; if the business is sued, it's the individual owner (the sole proprietor) that is being sued. </span>
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Starbucks is known for providing a consistent, great experience every time a customer patronizes a store. Starbucks' service has
Lerok [7]

Answer:

Sustainable competitive advantage

Explanation:

Sustainable competive advantages are the qualities, edge or assets a company has which cannot be matched and one which the company an edge over it's competitor in the long run.

When a customer patronizes a store due to the constant customer experience he or she receives, irrespective of the expansion of the business, the situation is called sustainable competitive advantage.

Sustainable competitive advantages are also ideas which a company has and one which clearly set out a company or firm over it rivals in the long run. For a business to make profit continuously, it must have special skills which makes it a force when it comes to brand recognition.

4 0
4 years ago
Read 2 more answers
Emerald Co. uses a perpetual inventory system and records purchases of merchandise at net cost. The company recently purchased 2
Nana76 [90]

Answer:

Explanation:

The journal entry is shown below:

Account payable A/c Dr $3,000

      To Cash A/c $3,000

(Being payment is made is recorded)

We debited the account payable account and credited the cash account so that the correct posting can be done.

Since the half of the disk is returned i.e $3,000 which come after multiplying the $6,000 by 50%

3 0
3 years ago
Assume the U.S. one-year interest rate is 8 percent, and the British one-year interest rate is 6 percent. The one-year forward r
NNADVOKAT [17]

Answer:

d. about 11.4 percent

Explanation:

% change in pound = ($2.05 - $1.95)/$1.95

                                 = 5.1%

Effective financing rate = (1 + 6%)(1 + 5.1%) - 1

                                       = 11.4%

Therefore, The effective financing rate for a U.S. firm that takes out a one-year, uncovered British loan is about 11.4 percent.

8 0
3 years ago
Which domain is the most common and reserved for commercial organizations and businesses?
kakasveta [241]

Answer:

The most common and reserved domain for commercial organizations and businesses is:

B) com

Explanation:

Some business organizations have also started the extension ".biz" as their domain.  But, this is not common.  Many use the ".com" domain.  The ".net" domain is also used by some business organizations.  Again, this is not common.  The ".org" domain is mostly used by nonprofit-making organizations.

3 0
3 years ago
Which entities constitute the primary and secondary stakeholders of a business, respectively? __________ are some of the primary
horsena [70]
The correct answers are as follows:
1. The primary stakeholders of a business are defined as those individuals who engage internally in economic transactions with the company. Primary stakeholders have direct interests in the company and they are affected by the policies, objectives and the actions of the company.
Secondary stakeholders are those individuals who do not have direct interest in the company.
2. SHAREHOLDERS AND CUSTOMERS are some of the primary stakeholders of a business. Other examples of primary stakeholders are: suppliers, creditors, employees, investors, etc.
The primary stakeholders of a company depend on the financial well being of the company for their own benefits and the company also depends on their efforts in order to succeed.
3. THE GENERAL PUBLIC AND THE COMMUNITY IN WHICH A COMPANY IS LOCATED are some of the secondary stakeholders of a business. Other examples of secondary stakeholders are: the media, business support groups and activist groups.
It is very important for a company to identify and work with its secondary stakeholders. Companies who recognize and cooperate with their secondary stakeholders usually achieve good reputation and goodwill and always get supports for their expansionary efforts.
3 0
4 years ago
Read 2 more answers
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