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Lelechka [254]
3 years ago
8

A business formed by two or more individuals who each have unlimited liability for all of the firm's business debts is called a:

Multiple Choice
1. corporation.
2. limited liability company.
3. sole proprietorship.
4. general partnership.
5. limited partnership.
Business
1 answer:
AlexFokin [52]3 years ago
6 0

Answer:

4. general partnership. 

Explanation:

A general partnership is when at least two people come together to form a business. These partners would have unlimited liabilities.

A sole proprietorship is A form of business owned by one person who has unlimited liabilities.

A corporation is a a form of business owned by many people known as the shareholders. The shareholders have limited liability.

A limited liability company is owned by at least two partners that have a limited liability.

A limited partnership is a type of partnership with two types of partners- the limited partner and the general partner. The limited partner has limited liability and he is not involved in the daily running of the business while a general partner has unlimited liabilities and she is involved in the daily running of the business.

I hope my answer helps you

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Answer:

2.79 quarters, so almost 3 quarters or 9 months

Explanation:

We write the equation, and solve it. To solve for x, as x is an exponent, we must use logarithms.

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8 0
3 years ago
Full employment means A. there is​ "normal" frictional unemployment and a small amount of cyclical unemployment. B. everyone in
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Answer:

The correct answer is C. there is a level of unemployment consistent with​ "normal" frictions in the labor market.

Explanation:

Full employment is a situation where all the individuals in a country, who are able to work and who want to do so, are effectively working either as employees of a company or organization or creating their own.

When full employment occurs, labor demand equals supply so that the labor market is in perfect balance. This means that in a country with full employment, all workers who belong to the active population and look for work, find it. However, as we will see below, when there is full employment there are certain unemployed people, it is what is known as frictional unemployment.

8 0
3 years ago
Russell Co. received a $520 utility bill for the current month's electricity. It is not due until the end of the next month whic
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Answer:

Journal Entry to reflect the event is as follow;

                                  Dr.       Cr.

Utility Expense       $520

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Explanation:

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5 0
3 years ago
belstone, inc. is a merchandiser of stone ornaments. it sold​ 15,000 units during the year. the company has provided the followi
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The total of all indirect costs incurred during the manufacturing of a product is known as manufacturing overhead (MOH) cost. Along with the expenses of direct materials and direct labor, it is included in the price of the finished product. The depreciation of equipment, wages paid to factory workers, and electricity used to operate the equipment are typically included in manufacturing overhead costs.

A manufacturer's balance sheet, cost of products income statement, and cost of finished goods in inventory should all reflect production overhead in accordance with generally accepted accounting principles (GAAP).

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8 0
1 year ago
Suppose a firm that produces for this market is able to dump toxic chemicals into a river next to its factory, which poisons wil
DerKrebs [107]

Answer: an externality, market failure

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In this case, the externality results in market failure which is due to the inefficiency with regards to the distribution of the goods in the free market.

7 0
3 years ago
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