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Sonja [21]
3 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]3 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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In many organizations, marketing does not have a place of importance in the organizational hierarchy. Why do you think this happ
WARRIOR [948]

Answer:

The correct answer is a combination of factors and is explained below.

Explanation:

On the one hand, the marketing area inside the companies tend to be left apart or not given much of the attention that they actual need inside the organization and that is<u> due to the fact that the business' owner or even the managers sometimes thinks that there is a major importance in the finances of the enterprise or even in the production and its current quality</u>.

On the other hand, the marketing function inside an organization should be taking care as much as the other functions due to the fact that it has a very huge importance in the selling process of the company and therefore in its number of sales during an amount of time. Moreover, those companies that do not focus so much effort in the marketing will probably have a great product with a good quality but <u>they would not acquire a big number of sales because they would not know how to sell the product and to whom</u>, furthermore they would <u>find themselves selling much less that does companies that have a simple product but a good marketing mix</u>.

5 0
3 years ago
A manufacturer of disposable foam products entered into a written contract with a take-out restaurant to sell them 5,000 disposa
saveliy_v [14]

Answer:

Option B

Explanation:

Since the contract did not mentioned any thing about the retuning of containers that were not defective, it becomes the obligation of the buyer to pay the final delivery amount on the basis of Good-faith modification.

Hence, option B is correct

3 0
3 years ago
Question: According to a Honda press release on October 23, 2006, sales of the fuel-efficient four-cylinder Honda Civic rose by
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Explanation:

<h2><em><u>because</u></em><em><u> </u></em><em><u>im</u></em><em><u> </u></em><em><u>a</u></em><em><u> </u></em><em><u>grade</u></em><em><u> </u></em><em><u>3</u></em><em><u> </u></em></h2>
4 0
3 years ago
According to economists, natural resources, labor, capital, and entrepreneurship are called
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Eddi Din [679]

The process that individuals or groups go through to select, purchase, use, and dispose of goods, services, ideas, or experiences to satisfy their needs and desires is known as  Consumer Behavior.

<h3><u>Explanation</u>:</h3>

The process that deals with the study of how the individuals and the organisations selects, purchases and uses and disposes the goods and services is the consumer behavior. These are done for the satisfaction of their wants and needs. The main thing that is associated with the consumer behavior is the motivation and psychology of the purchasing person.

It deals with the activities of the consumers in purchasing a particular product or services and the motivations that is responsible for that selection of the product. The consumer behaviors can be classified as  habitual buying,complex buying variety-seeking buying and dissonance-reducing buying.

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