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ss7ja [257]
3 years ago
11

Distinguish between limited and unlimited liability

Business
1 answer:
ehidna [41]3 years ago
5 0

This relates to liability of business owners. When a company has unlimited liability and starts losing money, the owners can be personally liable for losses meaning their home and personal assets could be lost. Limited liability means they can only lose the amount that they invested in the company and none of their personal assets.

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MC Qu. 141 Comet Company accumulated... Comet Company accumulated the following account information for the year: Beginning raw
artcher [175]

Answer:

the total factory overhead cost is $11,900

Explanation:

The computation of the total factory overhead cost is shown below:

= Indirect materials cost + Indirect labor cost + Maintenance of factory equipment

= $2,700 + $5,700 + $3,500

= $11,900

Hence the total factory overhead cost is $11,900

The same should be considered and relevant

7 0
3 years ago
College football​ attendance, especially student​ attendance, has been on the decline. In​ 2016, home attendance at major colleg
puteri [66]

Answer:

Your opportunity cost of attending a game compared with the opportunity cost facing a college student 10 years ago is:

A) higher, because more games are televised today.

Opportunity costs are the cost of choosing one alternative from another.

In this case, when college students attend college football games they are unable to do other activities, not only while they are at the stadium or going to the stadium, but they are not able to purchase other goods. The cost of those alternatives that are lost are higher now because many college football games are televised now, before if you wanted to see a game you had to go to the game. So a student is now able to watch the game while doing other activities, or saving money for buying something else.

Can this change in opportunity cost account for the decline in college football​ attendance?

B) ​Yes, because these changes increase the opportunity cost of watching football games in person.

Even though opportunity costs do not involve actual cash payments, they are still important and individuals do consider them when they are choose one option over another. E.g. imagine if you had to choose between spending a considerable amount of money by attending a game (ticket, gas, beverages, etc.) or watching that game on TV and buying a few clothes instead or going on a date, etc. What option would you choose?

6 0
3 years ago
Obie accuses Portia, a broker with QT Financial Services, of fraudulently inducing him to invest in Risky Development Company, w
Ghella [55]

Options:

A. Subjective statement

B. Misrepresentation of a fact knowing that it is false.

C. Puffery

D. Seller's talk

Answer:B. Misrepresentation of a fact knowing that it is false.

Explanation:The misrepresentation of fact is a term used most often in the legal system to describe one of the steps or attitudes of people who are fraudulently inclined and want to go into contracts.

Misrepresentation of fact is an untrue statement or dishonest acts aimed at fraudulently inducing one or more persons to commit to a contract,this type of activity is abnormal and common to people who want to steal.

7 0
3 years ago
At the beginning of the project, it may not be possible to estimate the costs for all activities with a level of confidence rega
Marina CMI [18]

Answer: Longer-term project

Explanation:

At the beginning of a project, it may not be possible to estimate the costs for all activities with some levels of confidence regarding their accuracy if the project isn't a short-term project, because it's not really possible to accurately fortell the costs of unforseeable outcomes and factors that may affect the project in one way or the other in the long run.

5 0
3 years ago
A client’s family member asks the nurse why disseminated intravascular coagulation (DIC) occurs. Which statement by the nurse co
pantera1 [17]

Your question is incomplete and as such would leave me no choice than to answer you as best as i can since i can't find the statement from any source.

Answer:

Telling the client's family member what causes DIC.

Explanation:

"DIC occurs as a result of abnormal activation of the clotting pathway which causes excess amounts of tiny blood clots to form inside organs.'

With a statement like this, i belive the client's family member will understand what is happening to his/her family member.

I hope this helps.

8 0
3 years ago
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