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Sonja [21]
2 years ago
7

William and Theodore have decided to start a travel business called Excellent Adventures. Since their business primarily involve

s time-travel their clients may be harmed during a small but significant portion of the travels. Consequently, William and Theodore would like a business form that will shield their personal wealth from any legal claims that the firm might be subject to after one of the travel mishaps. If William and Theodore are the only investors in this U.S. domiciled firm, which legal form of organization would be best for Excellent Adventures to protect both William and Theodore? a. Limited Partnership b. Sole Proprietorship c. Partnership d. Corporation
Business
1 answer:
likoan [24]2 years ago
4 0

Answer:

Corporation

Explanation:

The reason is that the company provides laibility shield and also a great opportunity to raise finance through listing in the stock exchange. Furthermore the tax rates in the limited partnerships is higher than the companies required that the profits are not distributed to its shareholders. However in the corporation legal form can be used to defer the income tax by not issuing dividends and reinvesting that money in the business (Tax benefits).

So the best legal form of business is corporation.

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The VP of Sales is using Collaborative Forecasting to track sales rep quote attainment. The VP wants to be notified when sales r
irina [24]

Answer:

Workflow rule

Explanation:

Workflow rules in Salesforce is a strategic program used to automate standard internal procedures and processes in a business when series of conditions are established, in order to save time and ensure better scaling up.

Workflow rules can be executed by using the if/then statement in programming.

Hence, the System Administrator should use the workflow rule so as to notify the VP when sales reps move the Opportunity Stage backward In the sales process.

3 0
2 years ago
You buy a lottery ticket to a lottery that costs $10 per ticket. There are only 100 tickets available to be sold in this lottery
bazaltina [42]

Answer:

-$2.4

Explanation:

Costs of lottery ticket $10 per ticket.

100 tickets available to be sold

One $430 prize

two $105 prizes

four $30 prizes

100 available tickets -7 prizes= 93

P(430) = 1/100

P(105) = 2/100

P(30) = 4/100

P(-10) = 93/100

-10(93/100) + 30-10 (4/100) + 105-10 (2/100) + 430-10 (1/100)

= -10(93/100) + 20(4/100) + 95(2/100) + 420(1/100)

= -9.3 + 0.8 + 1.9 + 4.2 = -2.4

Therefore the expected loss will be $2.4

5 0
3 years ago
The ________ states that it can be beneficial for two countries to trade without barriers as long as one is relatively more effi
Maslowich

Answer:

Comparative Advantage

Explanation:

The assumption of Comparative Advantage theory is that there is no barrier.

It is explained in the model that if each country focuses on what it does best relatively then both countries together can produce more of each good/service using all their labor.

Then they can trade with each other and benefit. (To trade they must produce what the other need)

8 0
3 years ago
Based on your knowledge of word parts, complete the sentence with the correct word. sam had to mix __________ parts of the two c
AURORKA [14]
The answer for this question is. Sam had to mix equal parts of the two chemicals for the experiment. When we say equal, the same in number or amount. If equitably, dealing fairly or equitably with everyone. If equation, a complicated situation or issue. So the right answer is equal. 
0 0
2 years ago
Read 2 more answers
Which of the following is a disadvantage of being a private limited company?
inysia [295]
The most likely answer here is B
6 0
2 years ago
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