1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
slamgirl [31]
3 years ago
10

"You get in a conversation with a man in the reception room at your doctor's office. He tells you he is establishing a barbersho

p business and has a business partner who shares in all decision making. The business has been fairly easy to set up, he has limited liability for the company and will only be taxed once on company profits. What kind of business has your new acquaintance described to you?
Business
1 answer:
aleksklad [387]3 years ago
7 0

Answer:

The answer is Limited liability partnership (LLP)

Explanation:

A LLP is a form of partnership where the majority of all partners have limited liabilities. A LLP possesses the characteristics of both a corporation and a partnership. Each partner in a LLP is not liable for negligence or misconduct of another partner. In the event of business failure, the personal properties of partners in a LLP are protected against legal action. Moreover, taxation of partners’ earnings in a LLP is done only once, that is, on the firm’s profit.  

You might be interested in
What is the minimum number of days for an informal complaint to be resolved? (equal opportunity complaint process, page 2)?
krek1111 [17]
I believe there are no minimum number of days for this.
informal process of the complaints typically follow the method that is usually not aimed to be finished in legal court.
the purpose of informal complaint usually only to resolve a simple difference rather than full investigation.
7 0
3 years ago
Starbucks CEO Howard Schultz has made sure his employees have health insurance and work in a positive environment. He could best
Leya [2.2K]

Answer: Servant leader

Explanation: Servant leader is that leader whose main goal is to serve his followers and subordinates.  All the actions that a servant leader takes is to make sure that the needs of his followers are taken care of.

This theory is sometimes used in management also we the perception that employees are the most important asset and if they are provided with proper facility their productivity will be at full, leading to development of organization.

In the given case, Starbucks CEO is taking utmost care of his employees. Hence, it is clearly a Servant leader example.

3 0
3 years ago
Following are transactions for Vitalo Company. Nov. 1 Accepted a $12,000, 180-day, 8% note from Kelly White in granting a time e
Fantom [35]

Answer:

Interest amounts at December 31st = $80

Interest amounts at April 30th = $160.

Explanation:

Total interest amount = $6,000 * 8% = $480

Since this is a time extension, we have 360 days (i.e. 180 * 2 = 360)

Interest amounts at December 31st (Nov. 1 - Dec. 31) = (60/360) * $480 = $80

Interest amounts at April 30th (Jan.1 - Apr. 30) = (120/360) * $480 = $160.

6 0
3 years ago
Read 2 more answers
Specific identification is ______. Multiple choice question. a high-tech security technique for identifying key employees a deta
ELEN [110]

Specific Identification is the accounting record of the transactions of the proposal, that is, an inventory method that tracks which item is actually sold and debits.

<h3>What is specific identification?</h3>

It is an accounting record between income and expenses, used to keep track of identifiable and cost-specific inventory items.

This method gives managers or members of an entity a greater possibility of manipulating profits by identifying units in ending inventory as coming from specific purchases.

Therefore, we can conclude that the specific identification method is to track the cost of each item or category of products in the inventory.

Learn more about specific identification here: brainly.com/question/25056275

6 0
2 years ago
Jamal was recently hired as a sales representative for a pharmaceutical company. He notices that all the other sales reps "pad"
il63 [147K]

Answer: Conformity

Explanation: Ethics trap refers to the situation in which an individual finds difficult to assess what is morally correct for him or her and what is not.

  Conformity refers to the ability of an individual to match the customs and beliefs of a group to mingle with that particular group.

In the given case, Jamal has been working in the company where all the members have been cheating on their accounts except for him. This urges Jamal to do the same for being a part of group.

Hence we can conclude that the correct option is C.

7 0
3 years ago
Other questions:
  • On December 31, Strike Company has decided to discard one of its batting cages. The equipment had an initial cost of $236,300 an
    12·1 answer
  • When somebody buys an insurance policy, that person is seeking to transfer risk away from herself and pass it on to the insuranc
    8·1 answer
  • An expectation that people will help those who depend on them is known as the
    8·1 answer
  • Find 1 or 2 examples from this historically significant persuasive speech where President Reagan attempts to strengthen or
    10·1 answer
  • _________ is calculated by taking _________ and then subtracting the value of how much physical capital is worn out, or reduced
    7·1 answer
  • Crockin Corporation is considering a machine that will save $9,000 a year in cash operating costs each year for the next six yea
    11·1 answer
  • Please help???/
    15·1 answer
  • Consumers value Secret antiperspirant deodorants more than they value store brand antiperspirant deodorants and are willing to p
    9·1 answer
  • You are researching a stock currently priced at $35 per share. Call options are currently priced at $3.00, and puts are priced a
    15·1 answer
  • What was the innovative way pears’ soap marketed its product?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!