Firms classified as being part of the sharing economy and collaborative consumption are still considered too risky to attract substantial venture capital investment. True
Explanation:
Firms that are funded as a apart of the sharing economy are usually never as profitable as the private companies which draw more investors despite their continued success as their business models are not based on producing profits for the higher ups and have a much more horizontal structure in their firm of ownership and responsibility among the workers.
This means that their is less money in it for the investor and the administrator than it is in a top to down job which is usually the case in corporate and there is more assiduity on the work too.
Answer: D) gain the attention of the consumer.
Explanation:
The first and foremost thing is marketing is to gain the attention of the consumer. This is why Adverts usually start with something eye catching and then move on to explain the product.
All other steps in the marketing process including development of brand awareness cannot be implemented if the consumer's attention is not gained.
The first and foremost goal of marketing in simple terms therefore is to first grab their curiosity then gain their attention.
Answer and Explanation:
The Journal Entry is shown below:-
Investment in bonds is at face value, no question about discount or premium.
Investment is rendered from the time the bonds mature before 2023. Hence, it is an investment as Working for Profit "Held until maturity"
Jan 1, 2018
Bonds receivables Dr, $140,000
To Cash $140,000
(Being Investment in bonds is recorded)
30 June 2018
Cash Dr, $2,400
To interest income $2,400
(Being six months interest received is recorded)
31 Dec 2018
3. Cash Dr, $2,400
To interest income $2,400
(Being six months interest received is recorded)
Working note:-
Bond Value $140,000
Interest rate 4%
Interest earned half
yearly, effective rate
(4% × 6 ÷ 12) 2%
Half Yearly interest amount
($140,000 × 2%) $2,800
Answer:
Rivercity Coffee Shop
Chad cannot sue Jose. The $10,000 is paid to Jose is a bribe. Since a bribe is not legal, it cannot form the basis for an enforceable contract.
Moreover, the offer by Chad is an antitrust and anti-competition consideration that is legally frowned upon. illegal contract
Explanation:
For a contract to be enforceable, it cannot be illegal. A bribe is illegal. The basis for the contract is illegal. Therefore, Chad cannot sue Jose. Since Jose decided to breach the contract, neither Chad nor Jose is entitled to any compensation. Jose cannot be held liable for non-performance.
Answer:
Limited liability company
Explanation:
A limited liability company is a company where the liabilities of partners is limited to the amount invested in the company. A limited liability company has features of both a partnership and a sole proprietorship
The partnership is made up of a general partner and the limited partners. the general partner is involved in the daily running of the business. The limited partners are not involved in the daily running of the business. They just contribute capital.
In this question, the person involved in the running of the business is the general partner while the other 9 friends are the limited partners.
