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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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If real GDP grows by 3 percent, the velocity of circulation does not change, and the quantity of money grows by 3 percent, then
trapecia [35]

Based on the real GDP growth rate, the velocity of circulation, and the quantity of money, the long run inflation rate will be 0%.

<h3>What is the long-run inflation rate?</h3>

This can be found using the Quantity theory of money:
Money supply x Velocity of circulation = Price level x Real GDP

Can also be written as:

% change in M + % change in V = % change in P + % change in Y

Solving gives:

3% + 0 = P + 3%

P = 3% - 3%

= 0%

The price level is to increase by 0% which means that inflation is 0%.

Find out more on the Quantity theory of money at brainly.com/question/26370040.

7 0
2 years ago
At Taylor Activewear, orders have significantly exceeded projections, and Macon, the operations director, has decided to hire fo
Afina-wow [57]

Answer: variable budget

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These are also called flexible budget and are made on the basis of current level of output. These budgets provides flexibility to the management with respect to both best case and worst case scenarios.

From the above we can conclude that the correct answer is variable budget.

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3 years ago
Ram said to me "Dont stand up" .(into indirect speech)​
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ram.asked me not to stand

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Stockholders of Dogs R Us Pet Supply expect a 12% rate of return on their stock. Management has consistently been generating an
alexandr402 [8]

Answer:

100%

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