Owen plans to open Owen's Pets Store, a pet supplies outlet, and to hire Quinn and Ruth. Owen will invest only his own money. He does not expect to make any profit for at least two years and to make almost no profit for the first three years, but he hopes to expand eventually. Which form of business organization would be most appropriate Owen employs few workers and is not expected to earn profit for the first few years. Although, he still hopes to expand his outlet. In this case, a sole proprietorship is the best option because it is easier and cheaper to start a company. The business owner is free to make all decisions without any consultations. The sole proprietorship earns moderate profits and does not require huge funds in the near future. Owen employs only Quinn and Ruth to run the pet store, which means that it is a comparatively small outlet and does not require huge funds for its financing. Owen will enjoy one more advantage of paying a single tax. This means that the owner (Owen) is required to pay tax either on profits or personal income. This is because, in this organization, the owner and the business are the same entity. The earnings from the business are the personal income of the owner.
<h3>What is
business organization?</h3>
The word "business organization" refers to the organizational structure of businesses and how such structure aids in achieving their objectives. Businesses are often built to concentrate on either making a profit or helping society. A company is considered a for-profit entity when it prioritizes making money. An organization is referred to as a nonprofit (or not-for-profit) organization and is not often called a business when it aims to further the social good through the arts, education, health care, or some other sector.
To learn more about business organization from the given link:
brainly.com/question/24734641
#SPJ4
Answer:
B) False
Explanation:
Trade usually benefits all the nations involved. We can use an extreme example, Chinese-American trade. America has a huge trade deficit with China, but still the whole country benefits from it. America lost some manufacturing jobs, but they have been replaced by higher paying service related jobs (currently service related jobs account for more than 70% of the total jobs in America).
And more important, American citizens are able to buy very good and cheap products from China and other places. Imagine if we had to pay for only domestic products, we would spend a much larger portion of our income in them.
Answer: indenture
Explanation:
The bond indenture is a legal contract that or covers a purchase obligation or a debt.
Therefore, the legal document identifying the rights and obligations of both the bondholders and the issuer is called the bond indenture. This document describes the number of bonds authorized, their par value, and the contract interest rate.
Answer:
The correct answer is letter "D": partner relationship management.
Explanation:
Partner relationship management is the set of actions two or more companies handle among themselves to share information about a market and conduct their operations strategically without losing their independence. The purpose of the gathering is to collaborate with each other -not necessarily financially- moreover when one of those companies is facing hardship.
True, To protect a trademark against typosquatting, a company should attempt to register potential misspellings of the mark.
- Intellectual property (IP) is your proprietary information or the property of your thinking.
- It could be a design, an innovation, a trademark, or the actual implementation of your concept.
The following conditions must be met in order for the promissory estoppel doctrine to be effective:
- A specific and definite promise must be made.
- The promisor should have anticipated the promisee's reliance on it.
- By doing something or not doing something, the promisee legitimately relied on the promise.
<h3>What typosquatting mean?</h3>
Typosquatting, sometimes referred to as URL hijacking, is a type of cybersquatting (residual use of another's trademark or copyright) that preys on Internet users who enter a website address erroneously into their web browser.
Learn more about Typosquatting brainly.com/question/13800656
#SPJ4