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Serga [27]
2 years ago
12

“Creditors do not actually have to worry about their dues in case the business fails.” In which form of business is this possibl

e? Which special feature is highlighted in this statement ?
Business
1 answer:
dimaraw [331]2 years ago
3 0

Answer:

sole proprietorship

Explanation:

In simple words, Unique property could be described as a business framework controlled and run by a single individual, therefore there is no separate legal entity and his corporation. It is a form of basic business framework, which is usually used for individuals who start up some sort of corporation.

This is therefore the greatest suitable form of business for the statement of the problem, because in this framework there is really only one proprietor in the corporation who ensures his ultimate responsibility with all earnings, debt obligations and failures underlying in the commercial enterprise.

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beks73 [17]

The most helpful way to cut back on food expenses are:

  • Make a Family Budget Together.
  • Trim the Family's Grocery Bill.

<h3>How can budgeting help to  to cut back on food expenses?</h3>

Budgeting can be regarded as the  process of creating a plan  on how the money will be  spent.

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8 0
1 year ago
Joe feels that failing his math test is due to an external locus of control that is unstable in nature. what will he attribute h
Afina-wow [57]

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3 0
3 years ago
Glen wants to take a holiday that costs $8,850, but currently he only has $2,750 saved. if he invested his money at 8 percent in
Katarina [22]
<span> <span>Solution:

A = P(1+r)^n

where,
A = amount
P = principal
r = rate of interest
n = number of years

Putting values in the formula,

8850 = 2750(1+0.08)^n

8850/2750 = (1+0.08)^n
log will be used to solve "n" as it is in the exponent form, which gives,

log(8850/2750) = n log(1+0.08)

By solving, we get n = log(8850/2750) / log(1+0.08)

Using financial calculator, value comes as 15.187 rounded to 15.19.

So, he will have to wait for 15.19 years to take holidays as it will take 15.19 years to make $8850 from $2750 @ 8% annual compounding.</span> </span>
4 0
3 years ago
How does fractional reserve banking grow the economy?
Aleks [24]

Answer:

C. By allowing the same money to be both stored as a deposit and  loaned to businesses is the correct answer.

Explanation:

6 0
2 years ago
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