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Vilka [71]
3 years ago
8

Thirteen sorority sisters decide to start a dog-walking business. They incorporate under the name Pro Canine Walkers, Inc., and

advertise their services throughout the city in newspapers and on flyers they post. All stock is owned by the 13 principals, and none is offered to anyone outside the 13. This corporation would be classified as a B) privately held professional corporation. A) privately held corporation. C) privately held public fessional corporation. D) privately held public corporation. corporation.
Business
1 answer:
dalvyx [7]3 years ago
5 0

Answer:

A) privately held corporation.

Explanation:

In the given example, the most appropriate option is a privately held corporation as the stock is owned by the 13 principles. It is not offered to anyone other than these 13 principles, which means they do not offered to the public at large.  

It is different from the publicly held corporation as the shares or the stock of the business organization are offered to the general public. But in this case, it offered to only 13 principles

Hence, other options are wrong except A

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Identify the correct definition of an asset. Multiple choice question. An asset is an amount owed to a creditor. An asset is a r
Genrish500 [490]

The correct definition of an asset is B. An asset is a resource that a business owns or controls.

<h3>What is an Asset?</h3>

This refers to the commodity that a person owns that generates money over a period of time.

Hence, we can see that from the given answer choices, there are different definitions, but the correct definition is found in option A because it states that it is a resource that a business owns or controls.

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5 0
2 years ago
Producers are driven by
Reil [10]
The correct answer is option c)

5 0
3 years ago
Which one of the following statements regarding disclosure is true?
dybincka [34]

Answer:

4

Explanation:

The death on property must be disclosed to buyers by stateagents or owners if the death has occurred within last three years but the manner of death is not requried to be disclosed unless asked by the buyer.

5 0
3 years ago
1) Write an SQL statement for the HAPPY INSURANCE database that adds the column ClientPhone to the table CLIENT.
Sindrei [870]

An SQL statement for the HAPPY INSURANCE database that adds the column ClientPhone to the table CLIENT is:

ALTER TABLE dbo.CLIENT

ADD ClientPhone

<h3>What is SQL?</h3>

This refers to the use of databases to perform computations such as UPDATE, ADD, ALTER TABLE, etc.

Hence, the use of Structured Query Language would help to add to a database and this would be done using the ALTER TABLES function as shown above.

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7 0
2 years ago
Grear Tire Company has produced a new tire with an estimated mean lifetime mileage of 36,500 miles. Management also believes tha
Lelechka [254]

Answer:

$0.013

0.010724

Explanation:

Given that :

Mean, m = 36500

Standard deviation, s = 5000

Refund of $1 per 100 mile short of 30,000 miles

A.) Expected cost of the promotion :

P(X < 30,000)

Using the Zscore relation :

Zscore = (x - m) / s

Zscore = (30000 - 36500) / 5000

= - 6500 / 5000

= - 1.3

100 miles = $1

1.3 / 100 = $0.013

b. What is the probability that Grear will refund more than $50 for a tire?

100 miles = $1

$50 = (100 * 50) = 5000 miles

Hence, more than $50 means x < (30000 - 5000) = x < 25000 miles

P(x < 25000) :

(25000 - 36500) / 5000

-11500 / 5000

= - 2.3

P(z < - 2.3) = 0.010724 (Z probability calculator)

3 0
3 years ago
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