1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
yuradex [85]
3 years ago
10

Builders Inc., Real Estate Broker, Inc., and Developers, Inc. form a business to purchase, develop, and build a shopping mall in

Temecula, California. According to their agreement, the business will operate only until the mall is built, then the mall will be sold to Downtown Mall, Inc., an owner and operator of shopping malls across the United States. Once the sale is complete, their business will be dissolved. What type of business have they formed?
Business
1 answer:
Nina [5.8K]3 years ago
6 0

Answer:

Joint Venture

Explanation:

The reason is that in a joint venture, two or more than two companies form a partnership aggrement to achieve the combined objectives in a limited time constraint. The companies gain synergy in achieving that combined objective which is all because of the pooling of resources of the venturing organization. Here is the similar case. Three organization here had formed a contract and agreed to pool their resources to achieve a combined objective. Once this objective is achieved the partnership (Joint Venture) will be dissolved.

You might be interested in
True or False:If the price of a product goes up by 10% and the quantity demanded goes up by 20% the product is an inferior good.
hodyreva [135]
False. 

If the price of a product goes up by 10% and the quantity demanded goes up by 20% the product is a GIFFEN GOOD. 

An inferior good is a good that decreases in demand if income increases. These are the goods that people opt not to buy when their purchasing power increases.
5 0
4 years ago
A​ company's employee database includes each​ employee's compensation. ​a) is this variable discrete or​ continuous? ​b) what ar
il63 [147K]
<span>A​ company's employee database includes each​ employee's compensation. ​

Part a)

An employees compensation is a continuous variable because it can take fractional values.

Monetary values doest have to be an integer it also takes decimal values.



Part ​b)

The possible values it can take​ on are any value in the interval of compensations for the employee's level.</span>
4 0
3 years ago
What is a depository institution?
Maslowich

A depository institution is a financial institution in the United States.

7 0
3 years ago
At what point does corporation make money from stocks
labwork [276]

Answer:

a corporation make money from stocks  at the IPO. Initial Public Offering.

Explanation:

A corporation only makes money out of a stick when it is Issued for the first time. This operation is called IPO and it’s the primary market for a stock in the exchange market.  

After the stock is sold to an investor the stock goes into the secondary market, In the secondary market the people that make a profit out of the sale of a stock are the stockholders but not the corporation.  

3 0
3 years ago
Given one or more hypothetical assumptions, a responsible party may prepare, to the best of his knowledge and belief, an entity'
Sergeeva-Olga [200]

Answer: Financial projections

Explanation:

 The financial projection is the term which is used for forecasting the various types of future based expenses and also the revenue of an organization. It also helps in preparing the financial statement by using their best knowledge, result and also manage the cash flow system.  

It also helps in developing the various types of short term financial based projection that for the purpose of internal marketing information.

The importance of the financial projection is that it helps in preparing the basic finance base statement by predicting the firm's outcome. Therefore, Financial projections is the correct answer.

 

5 0
4 years ago
Other questions:
  • Assume that your firm consists of Division 1 (40 percent of the firm) and Division 2 (60 percent of the firm). The capital struc
    8·2 answers
  • Antonio and Dina are debating the use of student discounts by local theaters near school. Antonio argues, "When theaters offer d
    11·1 answer
  • Diamond’s Corporation has an investment in 5,000 shares of Sigmond Company common stock with a cost of $218,000. These shares ar
    7·1 answer
  • The State of Alabama Board of Tourism ran a series of ads showing traditional families enjoying various attractions in the state
    15·1 answer
  • Unlike a general partnership, in a limited partnership
    5·1 answer
  • ) In April of 2019, Mike acquired a machine for $30,000 to use in his business. It is the only plant asset he purchased this yea
    14·1 answer
  • A land development company is considering the purchase of earth-moving equipment. This equipment will have an estimated first co
    6·1 answer
  • Gibson Guitar Corporation has chosen to build instruments one at a time, by hand. Gibson's century-old tradition of creating inv
    13·1 answer
  • Suppose a consumer had a budget of $125. The price of Good X is $5 and the price of Good Y is $7.50. Calculate value of the x-in
    14·1 answer
  • Which of the following is an example of a consumer service?
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!