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SSSSS [86.1K]
3 years ago
5

Kristen and her brothers and sisters decided to form a partnership that specializes in home design of all types. One of their go

als is to maintain the loving relationship they currently enjoy, so they are following the Model Business Corporation Act recommendations as they write the partnership agreement. Which of the following is an accurate recommendation of the Act?A. The business should be actively operating for an extended period before the partners decide who is responsible for what business functions.B. Family businesses never take on outside partners, so no discussion of this need should take place.C. There should be discussion and well understood ways that the partners will handle disagreements and have a written exit strategy.
Business
1 answer:
sattari [20]3 years ago
3 0

Answer:

The correct answer is letter "C": There should be discussion and well understood ways that the partners will handle disagreements and have a written exit strategy.

Explanation:

The Model Business Corporation Act (<em>MBCA</em>) is a set of laws meant to regulate business practices. The Act or at least part of it is accepted by every state of the U.S. The MBCA goes over different topics related to the establishment of a corporation such as the steps related to creating the firm, the liability and its effects, corporate management structure and good practices to avoid internal misunderstandings.

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5 0
3 years ago
Match the following:
asambeis [7]

Explanation:

1. If butter complements margarine for instance, and there occurs a sudden increase in the price of butter leading to lower demand, this would affect the demand for margarine negatively leading to a fall in the demand for margarine.

2. If this goods are substitutes the demand for butter will increase when the price of margarine rises.

This is because it is only natural for people to switch to the next best alternative (substitute) that fills the same purpose or needs.

3. Remember Ice cream and ice cream cones complementary goods; meaning the demand for one increases the demand for the other and vice versa.

4. If the price of ice cream increases, demand would also decrease for ice cream as consumers are usually sensitive to price.

This decrease in the demand for ice cream would also affect ice cream cones since they complement each other, leading to a decrease in the demand for ice cream cones.

5 0
3 years ago
Assuming a 360-day year, when a $20,000, 90-day, 5% interest-bearing note payable matures, total payment will be
solong [7]

Answer:

total payment will be $21,000.

Explanation:

The Payment at maturity will include, the Principle amount (amount borrowed) and the Interest that accrued over the period of the note payable.

<u>Total Payment Calculation :</u>

Principle amount            = $20,000

Interest ($20,000 × 5%) =    $1,000

Total Payment                =  $21,000

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Here, Miguel can easily call to his mind different brand of laundry detergents whether he is considering buying them or not.

The ability to recall those brands is known as Retrieval set in marketing.

Therefore, the Option A is correct.

Read more about this here

<em>brainly.com/question/8570566</em>

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3 years ago
All of the following qualifications are mandatory for apprenticeships sponsored by the National Electrical Contractors Associati
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All of the above ....
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4 years ago
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