Not always, but If you have bad eyes, then it is Manditory to wear them until you go to sleep
<span>False. The above scenario is not true. Network externalities are nothing but Metcalfe's law which states that the telecommunication network is directly proportional to square of connected users. The law also helps in business management. Network externalities relates to competition of telecommunication companies and their merge with one another.</span>
Answer:
b. One advantage to forming a corporation is that the owners of the firm have limited liability.
Explanation:
Every equity shareholder has this advantage that he cannot be called off, in case of any liability in the company, as the company stands liable and not the shareholder, whereas in partnership or proprietorship even all the partners can be called off to meet the liability personally, in case of any failure from the firm.
Though firms have tax advantage, but this is the disadvantage to the firm that the liabilities are unlimited.
