Answer:
Limited Liability
Explanation:
Limited liability means the liability of a business owner is restricted to the amount that the owner has put into the company. Limited liability is applicable for all business except sole proprietorship. The function of Limited liability is to provide the owner's businesses a way to protect their personal assests.
<span>Theory relates to a model in science because it presents the possible paradigms and patterns of the said concept and fact. It explains and elaborates the phenomenon of why it happened, how it happened and the factors that are invovlved in the process. A theory is a possible explanation of certain occurence.
in addition, any time a scientific theory is challenged, it means it's not a good theory. And this statement is not valid. In theoretical models, they are revisited when there are further studies and discoveries found in a certain area where they can be remodeled and reintegrated instead of disregarding its credibility. Models, theories and paradigms are not challenged but rather encouraged, they are supported in many studies since these theories and models were created in order for us to understand a certain phenomenon but it would likely help the scientific society to be updated in the new forms or spheres of improvement rather than discouragement. <span>
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Answer:
Businesses that produce revenue from outside the city will contribute to the growth of businesses that simply produce revenue from within the city
Explanation:
Given that the Multiplier effect in the urban population indicates that a city's livelihood and population growth is affected through the addition of manufacturing workers (basic workers) and dependents as a supplement of a new manufacturing and nonbasic business and
Hence, it can be concluded that the principle of the multiplier effect is that "Businesses that produce revenue from outside the city will contribute to the growth of businesses that simply produce revenue from within the city."