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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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In inductive reasoning, the premises are seen as supplying strong evidence for the truth of the conclusion. The conclusion is definite, but the truth may be probable, based on the available evidence. So she might say, that based on the past history of the company involved, whenever the company is losing money for a given length  of time, there are layoffs, so in these similar circumstances it is probable that these planned layoffs will occur.
4 0
3 years ago
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Tell me about a time when you decided to sacrifice short-term gain for long term-success for your company?
wel

<u>Answer:</u>

<u>a good example of this is when we declined an equity investment offer. </u>

<u>Explanation:</u>

In the short-term one may see an investment offer as a never to be missed opportunity. However, certain investments lead to loss of control, this was true in our own case. Thankfully, we avoided the short-term gain in other to realize a long-term gain.

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3 years ago
Abardeen Corporation borrowed $90,000 from the bank on October 1, 2018. The note had an 8 percent annual rate of interest and ma
Vitek1552 [10]

Answer:

$0

Explanation:

Data provided in the question

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Maturity date = March 31, 2019

Since it is mentioned in the question that, the interest and the principal were paid in cash on the maturity date so for the amount of cash that Abardeen had to pay for 2018 interest would be zero as the principal and the interest is paid for 2018

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4 years ago
Can I Plss get some help on this
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Based on the inflation rate and the fact that it is rising, the right recommendation would be to A. raise the reserve ratio.

<h3 /><h3>How can you decrease inflation?</h3>

Inflation can be reduced when the reserve ratio is raised because it will reduce the amount of money that banks have to loan out.

This means that there will be less money in the economy which will reduce inflation because less money means less demand for goods and services.

Find out more on effects of inflation at brainly.com/question/27889691.

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lubasha [3.4K]

Answer:

The correct answer is telemarketing.

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