Answer:
The answer is Limited liability partnership (LLP)
Explanation:
A LLP is a form of partnership where the majority of all partners have limited liabilities. A LLP possesses the characteristics of both a corporation and a partnership. Each partner in a LLP is not liable for negligence or misconduct of another partner. In the event of business failure, the personal properties of partners in a LLP are protected against legal action. Moreover, taxation of partners’ earnings in a LLP is done only once, that is, on the firm’s profit.
Answer:
$3,000
Explanation:
Given that,
On April 1, 2021, total sales of one-year subscriptions = $12,000
Total number of months for which subscription is received = 12 months
Months Relating to year 2022 for which subscription received on 1 April 2021:
= From January 1, 2022 to March 31, 2022
= 3 Months
Deferred revenue is for the three months.
Therefore, the adjusted balance of Deferred Revenue on December 31, 2021 is as follows:
= Amount of subscriptions received × Time period
= $12,000 × (3 ÷ 12)
= $3,000
<u>Answer: </u>Wrongful interference with a contractual relationship requires the existence of enforceable contract, third party knowledge, and intentional inducement.
<u>Explanation:</u>
All the business consist of information which is invaluable and wants the employees to keep it within the business and not sell it to competitors. As they are the successful objectives of the business.
Contractual relationship is the relationship bound by legal requirements where there are two or more parties who agree with same terms through enforceable contract. Intentional inducement is where an individual causes damage to contractual relationship with third party. The damage can be of monetary basis.
Answer:
$44,377
Explanation:
Note: The answers (options) attached this question belongs to another question
Particulars Amount
Salaries ($48,000*1,200/3,500) $16,457
Depreciation ($24,000*$102,600/$270,000) $9,120
Advertising ($47,000*$346,000/$865,000) <u>$18,800</u>
Total <u>$44,377</u>
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