1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
andrew11 [14]
3 years ago
14

Valentino and Eva are siblings who have inherited a large sum of money. They hope to use their inheritance to start a restaurant

together. Both Valentino and Eva have worked in restaurants their entire lives, and both have strong business backgrounds, but they are concerned about the strong competition in their community. Use what you have learned about business organizations to advise Valentino and Eva. Which type of business organization should they consider when setting up their new restaurant? Include at least two reasons for your advice.
History
2 answers:
Naily [24]3 years ago
8 0
In my opinion, limited partnership would be the best type of organization for Valentino and Eva.
- Limited Partnership will establish Valentino and Eva as partners with equal influences. Since they both have strong business background, i believe this would be really important for them.
- Since there are many competitors, the restaurant buisness might not be failed and forced to close. In limited partnership , Valentino and Eva's assets would be protected from the liability that derives from the liquidation process.

NemiM [27]3 years ago
4 0

General Partnership would be a good option for business organization for Valentino and Eva's start up restaurant. This is a good option for both siblings since:

  • Valentino and Eva would shares the profits, losses, and management of the business equally, creating a healthy business environment.
  • Presumably, Valentino and Eva have equals sum of money from their  inheritance. Having equal investments it is the most obvious option.
  • This type of agreement is not recommended for married couples because of the personal life involvement, but for siblings this would not be an issue.
You might be interested in
Explain why the Articles of Confederation proved too weak to meet the needs of the 13 new states. Describe at least two examples
Elodia [21]

The Articles of Confederation were far too weak to meet the needs of the newly created United States because of the massive decentralization the Articles contained.

They did not give the government any right to tax the people, and had to ask the states for taxes, and the states were not keen to pay them unless it benefited them. Often found were states not contributing to the pay of the Continental Army because it was not in their territory and defending them. This was also the reason Valley Forge was a disastrous winter for the Continental Army.

The Constitution fixed this by mandating budgets and making sure the states did in fact pay dues to the Gov't, later amended with (the supposed temporary) Federal income tax, starting after The Great War.

The other big failure is the lack of a requirement delegates be there, and the fact it requires every state to vote yes, an amendment to let the Confederation place import taxes to help pay the army was a washed failure because Rhode Island feared having their economy impacted horribly as they were so small they only had trade.

The New Constitution fixed this by making it so 3/4 of the states had to vote Aye to an amendment to the Constitution itself, and made the Federal Government itself handle passes legislation at it's own level with a majority rules, rather than all.

A four episode series from Extra History delve with a good amount of detail as to the Articles' other short comings, and what I elaborated on. Would strongly recommend a watch: https://youtu.be/C6rHSiN0vKk

3 0
3 years ago
How many states were formed when the articles of confederation were approved in 1781
Viktor [21]
13.

The Articles Of Confederation was ratified once all thirteen states approved of it in March 1, 1781.

Hope this helps!
8 0
3 years ago
Which individual led the formation of the National Association for the Advancement of Colored People (NAACP)?
Elis [28]

Mary White Ovington, Ida B. Wells, W.E.B. Du Bois

3 0
3 years ago
Read 2 more answers
What are some of the medical advances made during the 1500s and 1600s?
ElenaW [278]
First medicine and curing wounds
3 0
3 years ago
Read 2 more answers
How far away were the original 13 colonies from great britain?
DiKsa [7]

Depending on what mjesurement it is in miles its like about 2.4 miles


5 0
3 years ago
Other questions:
  • A shared culture ________ members of a group
    10·2 answers
  • Capitalism is a free-market system? True or false
    5·1 answer
  • According to tradition, Rome was founded by?
    5·2 answers
  • What walks on four feet in the morning, two in the afternoon and three at night?
    9·2 answers
  • When parliament would not authorize taxes to fund Charles I's war with France and Spain, he...
    7·1 answer
  • In 1908, what new political group came to power?
    13·1 answer
  • I need help will give brainiest and hugs
    12·1 answer
  • Which branch of government decides which laws are constitutional?
    6·2 answers
  • Which of the following statements characterizes Germany in the 1920s?
    13·1 answer
  • The answer is location near important trade routes
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!