Answer:
Corporation
Explanation:
A corporation is the type of business ownership where the owners and the business are regarded as separate and distinct entities. In their formation, corporations have limited liability feature. Limited liabilities distinguishes the assets of the corporations from those of the owners.
When duly registered, a corporation acquires the right to own property, enter into commercial contracts, sue or be sued. In other words, a corporation becomes a legal business person. There various types of a corporation such as S corporation and C corporation. Limited liability companies may also be regarded as corporations as they have the limited liability feature.
The issuer is supposed to pay back the face value of the bond to you in full
Tax deficiency:$17,000
<em>Fraud penalty: 75%x$9,500 = $7,125</em>
Total due: $24,125
One is Desert and the other is Tundra
Answer:
the rate of return on Karen investment is 10%
Explanation:
Given that
Bought price = P = $78500
Sale price = S =$850,000
Time priod = n = 25 years (1980 to 2005)
Based on the above information
The Rate of return is
= (S ÷ P)^(1 ÷ n) - 1
= ($850,000 ÷ $78,500)^(1 ÷ 25) - 1
= 0.099973
= 10.00%
hence, the rate of return on Karen investment is 10%
We simply applied the above formula