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marysya [2.9K]
4 years ago
6

Michael wong and sanjay patel, both lawyers, start a law firm together. both of them have unlimited liability for the debts of t

he business, and the management of the firm is equally shared between them. this law firm is an example of a(n) ________.
Business
1 answer:
UNO [17]4 years ago
6 0

The law firm that Michael Wong and Sanjay Patel started together is an example of general partnership. The general partnership is a way where partners have an arrangement of joining together in one business that will provide them unlimited liability in terms of the obligations in their partnership.

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If a plant is operating at full capacity and receives a one-time opportunity to accept an order at a special price below its usu
wolverine [178]

Answer:

the order will likely be rejected.

Explanation:

The case new order to be accepted then more space to be rented / built. New machines to be purchased. More utilities expenses to be incurred and more workers are needed. Then both fixed and variable costs will be affected. Knowing that the selling price would be less than the usual then profit from the offer would be less than it should be.

3 0
3 years ago
Read 2 more answers
What are three connection methods for the globalprotect agent? (choose three.)?
gogolik [260]
 GlobalProtect agent is an application used <span>to protect the end user by using the same security policies that protect the sensitive resources on your corporate network.</span><span>
The  three connection methods for the GlobalProtect agent are:
1. Pre Logon
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3. On demand</span>
5 0
3 years ago
Jumbuck Exploration has a current stock price of $2.00 and is expected to sell for $2.10 in one year's time, immediately after i
fiasKO [112]

The equity cost of capital for the Jumbuck Exploration is 22%

Explanation:

Equity cost refers to the return offered to the customers in place of their investment in the organisation stocks. It is calculated by the formula

Rₐ = (D₁/P₀)+g

Where Rₐ= cost of equity

D₁= dividends announced

P₀=share price (current)

g= growth rate

Now given details-

Dividend announced (D₁)- $ 0.26

Current market price (P₀) - $ 2.00

Expected price= $ 2.10

growth rate= expected price- current price

growth rate (g) =$ 0.10

Putting the values to find Rₐ

Rₐ=(0.26/2.00)+0.10

Rₐ=0.23 or 23%

Nearest answer is 22%

Hence the equity cost of the capital is 22%

4 0
4 years ago
Oceanview Enterprises offers scenic cruises to exotic destinations in the South Pacific, such as Tahiti and the Marshall Islands
Luden [163]

Answer:

The answer is: No

Explanation:

In order for this clause to be enforceable against Malik or his friend Jecala, they should have been notified about it before they purchased the ticket. Oceanfront is changing the contract terms unilaterally without notifying the other party and that is not legal. A contract (the ticket is a type of contract) is an agreement between two parties, not one party imposing his conditions over the other.

3 0
4 years ago
It's important to note that sometimes private solutions to externalities do not work. For example, this occurs when an excessive
Arlecino [84]

Answer:

It describes the problem of transaction costs and negotiation.

Explanation:

Externalities are situations that arise when the activities of an organization affects another for good or bad, but with the first organization that caused the change, receiving no benefits (if it was a positive change), or bearing no costs (if it as a negative change).

Ronald Coase proposed some theories about the possible solutions to externalities. One of them is negotiation between the two parties involved. The problem with this solution is the high costs of transaction that could be spent before an agreement is reached. The number of people involved in the negotiation could also be a problem.

4 0
3 years ago
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