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Serjik [45]
3 years ago
14

Which of the following forms of business structure provides limited liability for the personal assets of the owners? a. sole pro

prietorship b. general partnership c. LLC d. partnership by implication e. All of the above provide limited liability.
Business
1 answer:
kotegsom [21]3 years ago
8 0

Answer:

The correct answer is option (C).

Explanation:

There are mainly 4 types of company i.e.

  • Sole proprietorship: This type of business runs by only a single owner. This type of business has unlimited liability for the personal assets of owners.
  • Partnership: This type of business runs by two or more partners. This type of business also has unlimited liability for the personal assets of owners.
  • Corporation: This type of business runs by the number of people working as the board of directors and have limited liability for personal assets.
  • LLC: Limited Liability Company is a type of business which is run by two or more directors and also have limited liability for personal assets.

As Corporation is not an option, Therefore LLC is the correct answer.

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Answer:

The problem with variable rates is that they vary, i.e., they might unexpectedly increase and the increase might be pretty significant. One of the main factors leading to the Great Recession was the housing bubble and the increase in mortgage interest rates. Normally, interest rates tend to increase, they might sometimes decrease, but generally they only go up and up.

Even though the fixed interest rate might be higher, it will not change and that  guarantees that you will always pay the same amount and that you can prepare your personal budget to cover it.

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3 years ago
The amphibians have loose fitting skin. this helps them with which of the two major challenges for transition to land?
Varvara68 [4.7K]
The loose fitting skin is one of the defining characteristic of the amphibians in which the toad, frog and almost any other creature in between belong. Some of the many useful and sophisticated purpose of this are: (1) helping with respiration, (2) prevention of hydration loss, (3) easy locomotion. This enables the animals to easily adapt to the environment once it shifts to the land from the water bodies. 
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The point when the company makes exactly enough money to pay for itself, without making extra as a profit, is the ____________ p
-BARSIC- [3]
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7 0
3 years ago
Read 2 more answers
What basically compares what an individual owes compared with how much they earn monthly?
STALIN [3.7K]

Answer:

C. Debt to Income Ratio

Explanation:

The debt to income ratio (DTI)provides a picture of the level of debts of a borrower. The DTI is usually expressed as a percentage of gross income. A high debt to income ratio indicates a person spends a high percentage of income on paying debts.

Lenders use the debt to income ratio to assess a borrower's ability to repay debts. Individuals with low DTI are preferred to those with a high one.

3 0
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Chec
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THERE IS NO ANSWER FOR THIS

Explanation:

YOU NEED ALL THE MONEY

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