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ddd [48]
3 years ago
9

Glossamer Inc., a company owned by George and Alex, faces huge debts and is eventually shut down due to bankruptcy. The company'

s financial loss affects Alex personally, and his house and other personal assets are seized by the bank. However, George's personal assets are not affected. This is most likely because George is a(n) _____.
A. general partnerB. limited partnerC. active partnerD. quasi partner
Business
1 answer:
melamori03 [73]3 years ago
5 0

Answer:

B. limited partner

Explanation:

A limited partner is a partner whose liability is limited to the amount invested in the business. A limited partners personal assets are not affected by bankruptcy.

A general partner is a partner who has unlimited liabilities - his personal assets can be seized if there is a bankruptcy.

Alex is a general partner.

A quasi partner is a partner who has left a partnership but left his shares or initial investment in the business.

An active partner is a partner who is involved in the daily operations of the business.

I hope my answer helps you.

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What will you need to change to make the message appropriate for both a subordinate and other subordinates? Make the message eve
bezimeni [28]

Answer: The correct answer is "Focus on congratulating the team using each individual’s name and use a more formal tone.".

Explanation: In order for the message to be more appropriate both for a subordinate and for other subordinates, the team and each individual subject should be congratulated with their own name so that they feel part of it and feel that their work is important for the team always in a formal tone that maintains respect among all.

4 0
3 years ago
Brandi, a sales trainee, watched as her sales supervisor chatted with a prospect's secretary in a very friendly manner. Brandi f
dusya [7]

Answer:

The correct option is (C)

Explanation:

One of the best traits of a good sales person is his ability to connect with people and seek important information related to their needs and attitude towards different products. They strike conversation informally with people to gain their confidence and build rapport.

Here, Brandi is confused as she feels it was not appropriate of her supervisor to talk to a prospect's secretary. However, she did not know that her supervisor chatted with the secretary in a friendly manner as secretaries spend most of their time with the boss and is well aware of his requirements. So, supervisor will be able to seek important information from her about the prospect that would help him convert it to sales.

7 0
3 years ago
A book on how to invest in collectibles spends several weeks on best seller lists. The paperback book was originally released fo
miskamm [114]

Answer:

inelastic demand

Explanation:

Price elasticity of demand (PED) measures the proportional change in quantity demanded when the price of a product or service changes:

  • when a 1% decrease in price, increases quantity demanded in a smaller proportion, the PED is said to be inelastic.
  • when a 1% decrease in price, increases quantity demanded in a larger proportion, the PED is said to be elastic.
  • when a 1% decrease in price, increases quantity demanded in the same proportion, the PED is said to be unit elastic.

In this case, the decrease in price (-2%) barely increased the quantity demanded, therefore, the PED is inelastic.

4 0
3 years ago
Elevators, Inc. does considerable business overseas for high-rise luxury hotels. To speed up the building permit process, it aut
AleksAgata [21]

Answer:

No, Elevators, Inc. has not broken the law because payment was made in United States currency.

Explanation:

It operates a substantial business abroad for high-end luxury hotels. It authorized a project manager to "charge" a government official a charge of 500 for speeding up the building permit process. so

  • Under the law, it is illegal to bribe foreign officials to get business. But there is an exception to "facilitation payments", also known as grease payments made to speed up general government functions.
  • Flexible payments can be used to persuade government officials to perform work that is already being done. Although many have argued that such payments are important for their operations in some areas, such as Asia and Africa, the difference between facility payment and bribery remains unclear.

3 0
3 years ago
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vitfil [10]

The answer to the blank space of the statement is project manager.

A project manager is a person whose <u>main responsibility is to manage the planning, procurement, and execution of a project from start to finish</u>. This also includes determining what milestones can be managed in-house (by people inside the company) or should be done by subcontractors or consultants.

8 0
3 years ago
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