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RSB [31]
3 years ago
6

Clarke Santiago and his wife Teresa, parents of two children, opened a buffet restaurant last year. They've been so successful w

ith their family-style atmosphere that some investor friends have offered funding to expand into two additional locations. The investors also want to consider opening several more restaurants each year. After thinking it over, the Santiagos decided to stick with one restaurant and add catering services—a move that should provide them with a satisfactory income. The Santiagos' business is a good example of a _____.
a. lifestyle business
b. sole proprietorship
c. start-up business
d. franchise
Business
1 answer:
Setler79 [48]3 years ago
8 0
The answer is a but I'm not really sure
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An entrepreneur opened a specialized business on her land. After using up most of her capital to purchase inventory, however, th
gregori [183]

Answer:

C) The friend may sell the land only after formally foreclosing on the property.

Explanation:

The friend is not the current owner of the land, but he will be if he forecloses the property. The friend received the deed for security purposes, but the ownership was not transferred. This deed can be treated as a mortgage and the friend (creditor) needs to foreclose it thorough a judicial actions before being able to sell it to a third party.

The friend may sell the land, but only after formally foreclosing

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Why might one project have the highest pw while a different project has the largest irr? explain?
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Which of the following is not included in GDP?the payments for a chiropractor's servicescash income paid to a day laborer that i
Scilla [17]

Answer:

cash income paid to a day laborer that is not reported to the tax authorities

Explanation:

GDP stands for Gross domestic product. It is the  monetary value of all finished goods and services made within a country during a specific period.

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