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
konstantin123 [22]
4 years ago
7

Which is true for a limited liability partnership (LLP)?

Business
1 answer:
Natasha2012 [34]4 years ago
3 0

Answer:

All partners are limited from personal liability in certain situations.

Explanation:

Limited partnerships and limited liability partnerships offer some of their owners limited personal liability for business debts. One partner is considered a general partner. The general partner makes decisions and has increased liability.

You might be interested in
Ava has net earnings from​ self-employment of​ $125,000. She also earned salary of​ $170,000 from a job held earlier in the year
pishuonlain [190]

Answer:

The correct answer is $3,625.

Explanation:

According to the scenario, the given data are as follows:

Self earning = $125,000

Salary income = $170,000

AS we know that, Medicare tax percent = 2.9%

So, we can calculate the medicare tax that will be owed on self employment income by using following formula:

Medicare tax owed = Self earning  × medicare Tax percent

= $125,000 × 2.9%

= $3,625

4 0
4 years ago
What is the major difference in focus between a location decision in the service sector vs. The manufacturing​ sector?
kakasveta [241]

Answer:

D) The focus in service is on revenue​ maximization, while the focus in manufacturing is on cost minimization.

Explanation:

You can set up a manufacturing location in different places, mostly depending on the costs associated with the supply management (both upstream and downstream).

While location is extremely important for a service provider and its capacity to generate revenue, e.g. a hotel or a restaurant cannot be located in the middle of nowhere.

7 0
4 years ago
Trey sells consumer electronics. He knows his customers weigh the costs versus the benefits associated with the different option
jekas [21]

Answer:

The correct answer is option (D).

Explanation:

According to the scenario, the most appropriate answer is option (D) because value-based based sales-oriented business shows the concept that the seller provides the service of the more value as regarding the money charged to the customer.  

While the other options are not correct because of the following reasons:

  • Option (A) is not correct because retailing oriented business shows that the seller establishes a shop for the sale and the buyer chooses the product as he likes it.
  • Option (B) is not correct because the market-oriented business shows the concept of selling according to the market needs.
  •  Option (C) is not correct because production-oriented business shows the concept of selling on the basis of production of the product.
7 0
3 years ago
. On March 3, 2002, pursuant to a public offering, First All State Trucking Corp. (FAST) issued securities to investors in denom
katrin [286]

Answer:

The bond is unsecured, doesn't have right to collateral, is called debenture.

Explanation:

The security in this question has a maturity date with stated interest, While, both preferred stocks and bonds would have a guaranteed payment, stocks are ownership in a company and wouldn´t have maturity date, so it can't be a stock.

Maturity dates are relevant to bonds, loans to a company, because that is the date when the bondholder should receive final payment on the face value of the bond. In this case 1.000.

5 0
4 years ago
If women are underutilized in an organization, the organization should implement plans to correct the underutilization. the orga
vodomira [7]

Answer:

A and C only above

Explanation:

Under utilization by definition means that something / someone is not being utilized to their full potential. Hence only option A ( the organization should implement plans to correct the underutilization) and C (training or differential recruitment methods might be implemented to correct the underutilization) can solve this problem. Option B would only limit the number of women that are hired. It has nothing to do with the underutilization of the existing manpower.

3 0
4 years ago
Other questions:
  • Financial contracts involving investments, mortgages, loans, and so on are based on either a fixed or a variable interest rate.
    11·1 answer
  • Net income = Gross income - Business Expenses and Deductions. Given the following information, what does the net income for the
    15·1 answer
  • The following transactions were completed by the company a. The owner invested $19,000 cash in the company in exchange for its c
    8·1 answer
  • ​heather's clarification of the task andrea is presenting to the group reflects which of the steps from the rational​ decision-m
    14·1 answer
  • Suppose that you open your own business and earn an accounting profit of​ $35,000 per year. When you started your​ business, you
    11·1 answer
  • What are the profound and philosophical goals and benefits of a modern industrial society, according to Frederick Winslow Taylor
    8·1 answer
  • Consider that there is a weak-form of efficiency in the markets.
    15·1 answer
  • Match to correct letter option
    10·1 answer
  • The common stock of RMW Inc. is selling at $88 a share. It just paid a dividend of $4. Investors expect a return of 15 percent o
    6·1 answer
  • Hector, a manager at Roseland Corp., recently illustrated __________ by promoting two employees because their performance had gr
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!