Answer:
Personal liability
Explanation:
Jeri and Knute are shareholders in lighthouse tours LLC. As lighthouse tours LLC is a limited liability company, Jeri and Knute enjoy limited liability.
Legally, lighthouses LLC is independent of its shareholders. It has the right to own assets and incur liabilities. Should the company get to the dissolution stage, its assets will be used to settle its obligations. If the assets of the company are not sufficient, the shareholders' private properties cannot be used to pay the debts. Jeri and Knute will be liable only to the extent of capital contribution.
Answer:
internal causes
Explanation:
Based on the information provided within the question it can be said that this is most likely to be attributed to internal causes. This term refers to various different attributes within an individual such as their traits, abilities, or even emotional feelings from different events in their lives. These factors are what are most likely affecting Janelle in her new job.
Answer:
Expenses will be understated, hence, Net Income will be overstated.
Rent prepaid will be overstated, hence, current assets will be overstated.
Explanation:
Ordinarily, rent prepaid is meant to be credited every month to the tune of the the value that has been consumed and then added to period expenses to reduce net income.
In the statement of Financial Position, the same amount that has been consumed should be used to reduce balance in rent prepaid account, otherwise, current assets will be overstated if no adjustment is made.
Answer:
1. The correct answer is option (G) Company history, industry trends, economic forecast.
(2) The correct answer is option (B) Pop culture trends
Explanation:
Forecasting sales is an important strategy to any business organisation. It opens them up to opportunities in the market. Forecasting is done in order to increase sales of company's products ans also to develop a business. During forecasting, the history of the company is very important since it makes customers to be easily convince.
Answer:
D. one who represents an issuing body in effecting transactions that are exempt
Explanation:
An agent, represents a broker-dealer or issuer and do all duties stated in the options A, B, and C.
But, as stated in the Uniform Securities Act of 1956, Part IV. General Provisions, Sec. 401.b, Definition, illustrating the different functions of the people as mentioned in the Act, "an Agent does not include an individual who represents an issuer in effecting transactions in a security exempted."
