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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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Dana is watching television when a commercial for a brand of bathroom cleaner comes on. She is not very interested in the produc
Len [333]

Answer:

Peripheral route.

Explanation:

The peripheral route to persuasion occurs when the listener decides whether to agree with the message based on other cues besides the strength of the arguments or ideas in the message.

8 0
3 years ago
The accounting principle that requires that the cost flow assumption be consistent with the physical movement of goods is:a. cal
grigory [225]

Answer: C nonexistent; that is, there is no such accounting requirement.

Explanation: there is no accounting

assumption that requires that the cost flow be consistent with the physical movement of goods.

Instead, the movement of money (real or virtual) is tracked using a cash flow statement; income and profit matches revenues to the timing of when products/services are delivered—a company’s net income can actually be materially different from its cash flow.

4 0
3 years ago
What is an externality? how do externalities relate to socially optimal quantity?
Elodia [21]
An externality in business or economics is where an industrial activity has an unexpected side effect which does not figure in the cost of the goods and services involved.  For example, I worked many years at a large mine. Just the existence of the mine there meant it was a no-hunting area so a side effect was that the moose used it as a refuge during hunting season which as a side effect was beneficial to the moose (and deer). Another example is that we used to crush mine rock for the haulroads for winter traction. As a result, it was found that the fines from this were concentrated with copper values so were put in the mill for processing-an unexpected outcome.
7 0
3 years ago
Donna has a home currently worth $142,000, for which she still owes $63,000 on her mortgage. She has $18,000 in student loan deb
Elan Coil [88]

Answer:

$49,000

Explanation:

Donna's net worth is the total value of her assets minus the total value of her liabilities.

Donna's total assets = $142,000 + $1,000 = $143,000

Donna's total liabilities = $63,000 + $18,000 + $13,000 = $94,000

Donna's net worth = $143,000 - $94,000 = $49,000

8 0
3 years ago
Working from home only works in a few kinds of businesses<br> true<br> false
sladkih [1.3K]
The answer is true .
4 0
3 years ago
Read 2 more answers
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