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3 years ago

How do property rights benefit entrepreneurs?

2 answers:

7 0

Property rights can help the entrepreneurs by enabling them to purchase capital and use it as they fit. having the rights means they can use the property for martgage and raise loans,or show as an asset and acquire capital on its worth. they can sublet the property and get resources from the rent as well

coldgirl [10]3 years ago

5 0

I believe the answer is: by enabling them to purchase capital and use it as they see fit

Because of property rights, the only person who has the full right to use the property would be the legal owner whose name is written in the purchase agreement and use it for his/her own purpose.
Without this, other individuals could claim ownership to the properties and the true owner wouldn't be able to reclaim it with the help of legal establishment.

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People in _______ careers are doers. They are generally active, hands on workers who like working with tools and equipment, are

neonofarm [45]

C artistic careers hope i helped a little!!!!

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4 years ago

Read 2 more answers

Provide the name of two business competitors that manufacture and sell the same product. Be sure to name the products.

vampirchik [111]

Answer:

1. Coke vs Pepsi: product include Cold Beverage

2. Nike vs Reebok: product include sporting goods

6 0

3 years ago

At January 1, 2017, Hennein Company had plan assets of $280,000 and a projected benefit obligation of the same amount. During 20

Nezavi [6.7K]

Answer:

The Pension schedule is prepared in the workings as requested.

Explanation:

The question is to Prepare a Pension Worksheet for Hennein Company for 2017

HENNEIN COMPANY

PENSION WORKSHEET FOR 2017

General Journal Entry Memo Record

Item Pension Cash Pension Defined Plan

Expenses Asset/Liab Benefit Assets

Obligation

Jan 1, 2017 280,000 CR 280,000 Dr

Service Cost 27,500 DR 27,500 CR

interest Cost 28,000 DR 28,000 CR

Actual return 25,000 CR 25,000 DR

Contributions 20,000 CR 20,000 DR

Benefits 17,500 DR 17,500 CR

Journal Entry 30,500 DR 20,000 CR 10,500 CR

Dec. 31, 2017 10,500 CR 318,000 CR 307,500 DR

Note that the interest cost is as follows

280,000 x 10% = $28,000

3 0

3 years ago

Freedom of ownership is part of what and what environment

Rudik [331]

Freedom of ownership is part of the government and the public sector business environment.

Explanation:

Freedom of ownership or a sharing vision offers a number of opportunities in the business environment. It allows the government to control the costs, generate the economies of scale and bargain costs down internally.

The freedom of ownership permits access to complex, specialized skills that can not be sourced locally. So this allows the government sector or the public sector environment to run the business successfully and to run it efficiently.

3 0

3 years ago

During 2018, its first year of operations, Pave Construction provides services on account of $142,000. By the end of 2018, cash

Finger [1]

Answer:

The adjustment for uncollectible accounts on December 31, 2018:

Debit Bad Debts Expense $10,250

Credit Allowance for Doubtful Account $10,250

Explanation:

In Pave Construction, 2018 is the first year of operations. The company provides services on account of $142,000. By the end of 2018, cash collections on these accounts total $101,000.

At the end of 2018, Accounts Receivable (the uncollected accounts) has debit balance of $41,000 ($142,000 - $101,000 = $41,000)

Pave estimates that 25% of the uncollected accounts will be bad debts

Bad Debts Expense = 25% x $41,000 = $10,250

The adjusting entry to record the bad debts expense will be:

Debit Bad Debts Expense $10,250

Credit Allowance for Doubtful Account $10,250

6 0

4 years ago