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zavuch27 [327]
4 years ago
15

When Dave, Dan, and Darwin lost their jobs during the recent recession, they pooled their resources, borrowed a little more, and

bought a couple of houses to renovate. Darwin was a single guy with two other residential properties that he rented out. Dan and Dave had families with college-age children; they owned their homes, and Dan had a wife who worked at a professional job. All three were concerned about the risk involved in owning their own business, particularly the risk of losing personal assets. As their advisor, which of the following forms of business ownership would you recommend?
a) Limited liability company
b) Sole proprietorship
c) General partnership
d) Master limited partnership
Business
1 answer:
blagie [28]4 years ago
7 0

Answer:

a) Limited liability company

Explanation:

Limited liability company is one of the specific types of business structure that is followed in the United States. This structure excludes the partners or the owners to possess the liabilities of the debts and liabilities of the company. This will help the partners limiting the liabilities. An agreement is made which helps in the protection of the liabilities. The owners' personal assets are separated from the asset of the company thereby reducing the debts and liabilities.

In the given excerpt, the best advice to be given to the partners, Dave, Dan, and Darwin as an advisor would be to adopt a limited liability company. This would help them not to keep their personal assets in stake for their business.

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All of the following are assumptions of the perfectly competitive model except: Select an answer and submit. For keyboard naviga
soldier1979 [14.2K]

Answer:

d

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

Perfectly competitive market consists of a large number of firms, and each firm is small relative to the entire market. This makes firms unable to set the prices for their goods.

It is the monopoly and oligopoly market structure that is characterised by high entry and exit into the market

5 0
3 years ago
प्रबंध की विशेषताएं क्या है?​
vredina [299]

Answer:

bilkul BHI answer nhi milega yha pr XD

5 0
3 years ago
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What country first began to dismantle its welfare state? What was put in its place?
ANTONII [103]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

What country first began to dismantle its welfare state? <span>Chili. Democracy was restored.

</span>What was put in its place? <span>A pension plan replaced welfare.</span>
5 0
3 years ago
Holding other factors constant, if new technology becomes available that allows machines to produce manufactured goods more quic
Ber [7]

Answer: Increase; increase

Explanation:

Efficiency is so vital to business and manufacturing. The ability of a business to produce and curb minimal loss will give a boast on production and encourage manufacturers to do more, especially when they have the ability to produce in large quantity (by batches) and still get a good ratio for the number of goods manufactured. This is where machines has aided productivity, as they were introduced, productivity increased and they were minimal loss and time waste when producing. When technology allows for more of this effective machines, manufacturers will produce more and there would be a boast in investment.

4 0
3 years ago
Trell Corporation transferred $50,000 of accounts receivable to a local bank. The transfer was made without recourse. The local
PIT_PIT [208]

Answer:

Correct one is Option D.

<u>$6,500</u>

Explanation:

Fair value of its 20% interest in the receivables 8000  

Less: Factoring fee=50000*3% =1500

Amount receivable from factor= 8000-1500=6500  

7 0
3 years ago
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