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3 years ago

Limited liability is a major advantage of a partnership as compared to a corporation. True or False

Business

1 answer:

Sergeeva-Olga [200]3 years ago

7 0

Answer:

False

Explanation:

Limited liability is a feature mostly enjoyed by shareholders of a corporation. Limited liability protects the personal properties of shareholders from interference should the corporation fail to meet its obligations.

Partners in a partnership do not enjoy limited liability. It means that if the business is unable to meet its obligation, its partners' properties can be used to sold to settle the debts. A partnership business and its owner are treated as one entity. The assets and liabilities of the business are not distinct from the owners.

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In January, Dieker Company requisitions raw materials for production as follows: Job 1 $970, Job 2 $1,520, Job 3 $810, and gener

USPshnik [31]

Answer:

Dieker Company

Job Cost Sheet of

Job1 Job2 Job3

Materials $970 $ 1520 $ 810

Factory Labor $2390 $ 1730 $1560

General Factory

Indirect material $ 660 $ 660 $ 660

Indirect labor $ 1920 $ 1920 $ 1920

Total $ 5940 $5830 $ 4950

Cost of Job 1

Materials $ 970

Factory Labor $ 2390

G. Factory $ 2580

Total $ 5940

Cost of Job 2

Materials $ 1520

Factory Labor $ 1730

G. Factory $ 2580

Total $ 5830

Cost of Job 3

Materials $ 810

Factory Labor $ 1560

G. Factory $ 2580

Total $ 4950

7 0

3 years ago

Immediately after an ice storm brought down power lines throughout the region, hardware stores were sold out of batteries and fl

Lisa [10]

Answer:

D) Markets allocate goods effectively.

Explanation:

The two main principles of capitalism are that individuals are rational and act according to their best self interest, and markets will allocate goods and service more efficiently than governments.

In this case, the stores ran out of batteries and flashlights due to a sudden increase in the demand, but since the stores make a profit by selling batteries and flashlights, they immediately replenished their stocks and were able to satisfy all the customers' needs.

If the stores would have needed government permission for replenishing their inventories, they would have never done it so fast and so efficiently.

7 0

3 years ago

When Microsoft introduces a new version of its Windows operating system, it typically uses selected magazine, Internet, and dire

Maksim231197 [3]

Answer:

The correct answer is the option C: Media Mix

Explanation:

To begin with, in the area of marketing, there are four major variables to work with, the four Ps are: Product, Price, Place and Promotion. This last one, promotion, has the importance of finding the proper media o channel to deliver the message that was developed by the advertisers. Therefore that it is in this part where the employees of the company are looking forward to choose the better channels to deliver their message and the term of media mix in here indicates that group of channels that the workers decided. That is why, when Windows decide to deliver they marketing message of a new operative system they select a magazine, internet and direct mail, all that, comprehends its media mix.

6 0

3 years ago

A home buyer can afford to spend no more than $1500/month on mortgage payments. Suppose that the interest rate is 6%, that inter

krok68 [10]

Answer:

20 years mortgage:

maximum loan $ 209, 371.16

interest paid $ 150,628.84

30 years mortage

maximum loan $ 250,187.4216

interest paid $ 289,812.58

Explanation:

20 years mortgage:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 1,500.00

time 240 (20 years x 12 months)

rate 0.005 ( 6% annual / 12 months per year)

$1500 \times \frac{1-(1+0.005)^{-240} }{0.005} = PV\\$

PV $209,371.1575

Quota x number of cuotas - principal = total interest

1,500 x 240 - 209,371.16 = 150628.84

30 years mortgage

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 1,500.00

time 360

rate 0.005

$1500 \times \frac{1-(1+0.005)^{-360} }{0.005} = PV\\$

PV $250,187.4216

Quota x number of cuotas - principal = total interest

1,500 x 360 - 250,187.42 = 289,812.58

8 0

3 years ago

How do changes in the money supply affect people and businesses? (please help! 80)

slega [8]

Increase in money supply will result to result to lower interest rates. These will encourage individuals and business to avail of loans since interest rates are low. However, proper computation must be made in order to determine the level of increase in money supply. Unchecked increase in money supply may result to inflation.

Decrease in money supply will result to higher interest rates. Higher interest rates will encourage individuals or businesses to deposit their money in the banks because their deposits will earned high interests.

6 0

3 years ago