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levacccp [35]
3 years ago
11

Unlimited liability means a. stockholders can borrow money from the business. b. there is no limit on the amount an owner can bo

rrow. c. the business can borrow money for any type of purchase. d. the owner is responsible for all business debts. e. creditors will absorb any loss from nonpayment of debt.
Business
1 answer:
mestny [16]3 years ago
8 0

Answer:

Option D, the owner is responsible for all business debts.

Explanation:

Unlimited liability refers to the fill legal responsibility that business owners and partners assume for all business debts. This liability is not capped, and obligations can be paid through the seizure and sale of owners' personal assets, which is different than the popular limited liability business structure.

Unlimited liability simply means one could be exposed to losses that result from company debts. In this situation, the business owner can be held personally for back business debts.

Creditors (persons to which a debt is owed) will not absorb any loss from non-payment of debt because if the business were to run out of money due to debt, the creditors may file a lawsuit and the owner is forced to pay.

Therefore, the options that best suits the question is option D. Unlimited liability means THE OWNER IS RESPONSIBLE FOR ALL BUSINESS DEBTS.

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What is market penetration
nalin [4]

Answer:

the extent to which a product is recognized and bought by customers in a particular market.

4 0
3 years ago
Kinsi Corporation manufactures three different products. All five of these products must pass through a stamping machine in its
Rom4ik [11]

Answer:

D) generates the highest contribution margin per stamping machine hour

Explanation:

Since the stamping machine is Kinsi's constrained resource, or bottleneck resource, in order to maximize its profit, the company should manufacture the products that maximize the utility of the stamping machine. The product that maximize the utility are the one that have the highest contribution margin. Therefore Kinsi must produce the products that have the highest contribution margin per stamping machine hour.

8 0
3 years ago
True or false?
Sidana [21]

Answer:

The statement is: True.

Explanation:

If we have been given an assignment, it is important to set a schedule of activities to ensure that the final form of our work is delivered on or before the <em>due date</em>, if possible. In the way, there could be problems of various types -for example, technology when delivering a report- that could interrupt our work. Therefore, it is important to consider those risks while scheduling so that we have a contingency plan that will not impact our research and the date we will deliver it.

8 0
3 years ago
On a shopping​ trip, Melanie decided to buy a light blue coat made from woven fabric. A tag on the coat stated that the price wa
ra1l [238]

Answer:

Consumer surplus is $15.99.

Explanation:

Melanie decided to buy a coat priced $79.95.  

When she brought a coat to the sales clerk, she found out that it is on a 20% discount and she has to $15.99 less than the original price.  

This means that her consumer surplus is at least $15.99.  

The consumer surplus is the difference between the maximum price a consumer is willing to pay and the price it actually pays.  

Melanie was willing to pay $79.95. But she actually paid $63.96. The difference between the two is $15.99.  

6 0
3 years ago
Abby purchased a commercial property using all cash at a 11% capitalization rate. What is Abby's cash-on-cash return on the deal
Finger [1]

Answer:

11%

Explanation:

A cash-on-cash return is a rate of return often used in real estate transactions that calculates the cash income earned on the cash invested in a property.

Cash on Cash Return=   Annual Pre-Tax Cash Flow  / Total Cash Invested

​

6 0
3 years ago
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