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ivanzaharov [21]
4 years ago
9

Katie and her siblings created a design company called Homeward Bound LLP. Although key business functions are centralized, each

sibling is a licensed architect that designs, builds, and installs residential and commercial buildings for his/her own clients. Unfortunately, a recent design of Katie's that was ultimately created and installed for one of their clients resulted in water damage to the basement of the client's new home. The limited liability partnership:
O protects the partners from any suit by the client.
O guarantees that only those partners who were directly involved in designing and building this home face unlimited liability for claims against the firm.
O will enable the firm to quickly reorganize with only minor financial losses.
O guarantees that none of the company's partners will lose more than the amount they invested in the company.
Business
1 answer:
Viefleur [7K]4 years ago
6 0

Answer:

Guarantees that none of the company's partners will lose more than the amount they invested in the company.

Explanation:

A limited liability means that the business and partners are only liable for the original invested amount and that in case of failure the partners are only liable  for the amount initially invested into the business and in this case if the client sues the partners, only the original worth of the business would be at stake. The client can not force the partners to pay off expenses from their personal wealth and assets.

If the partners were not a limited liability, the client could force them to pay off all the losses that may eat into partner's personal assets.

Hope that helps.

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We have acquired new furniture for the office. The invoice for $6,000 offers two ways to pay: we can pay the entire amount by Se
Drupady [299]

Answer:

6.12%

Explanation:

Calculation for How does our decision depend on the interest rate at which we can invest our funds

Present value = 6000-3060

Present value = 2940

Future value = Present value+Present Value*Numver of month* Rate of interest/ 100

3000 = 2940+2940*4/12*R/100

60 = 2940*4/12*R/100

60*12/4 = 2940*R/100

180 = 2940*R/100

180/2940 = R/100

0.061224 = R/100

Rate = 6.1224

Therefore How does our decision depend on the interest rate at which we can invest our funds is 6.1224

5 0
3 years ago
A business_____________occurs when, for practical purposes, one firm purchases another.
Bas_tet [7]

A business acquisition occurs when, for practical purposes, one firm purchases another.

<h3>What is acquisition?</h3>
  • A company makes an acquisition when it buys the majority or all of the shares of another company in order to take over that business. The acquirer can make choices on newly acquired assets without the consent of the target company's other shareholders if they purchase more than 50% of the target company's stock and other assets.
  • Acquisitions can happen with or without the target company's permission and are quite common in business. The approval process typically includes a no-shop restriction.
  • Because these enormous and major transactions frequently make the news, we frequently hear about the acquisitions of large, well-known corporations. In actuality, small- to medium-sized businesses merge and acquire one another more frequently than giant corporations.

To learn more about acquisition visit:

brainly.com/question/15855713

#SPJ4

8 0
2 years ago
Regardless of whether you are looking through the microeconomics microscope or the macroeconomics telescope, the fundamental sub
VARVARA [1.3K]

Answer:

Regardless of whether you are looking through the microeconomics microscope or the macroeconomics telescope, the fundamental subject material of the interconnected economy does not change.

Explanation:

Yes, regardless of whether we are looking through the microeconomics microscope or the macroeconomics telescope, the fundamental subject material of the interconnected economy does not change. Because there is very strong interlink between the elements of an economy and there are interlinked quite perfectly as well. As we have two main parts of an economy which are organisations and households, which have coordination in three different types of markets which are goods and services, labor and financial market. Organisations sell their products to the households. Money taken from household is taken by firms. Organisation needs to have people in order to make their products so the money flows to the labor market simultaneously as well. Organisations put their savings and profits whit the financial institutions and in this way money flows and all of these factors are interlinked with one another.

4 0
3 years ago
If the U.S. engages in free trade and the international price of skateboards is $75, it would import _____ skateboards from the
prisoha [69]

ifthe U.S. engages in free trade and the international price of skateboards is $75, it would import _____ skateboards from the rest of the world.

Explanation:

answer would be 210

4 0
3 years ago
Zero Corp's total common equity at the end of last year was $350,000 and its net income was $70,000. What was its ROE
Arturiano [62]

Answer:

ROE = 20%

Explanation:

Given:

Common equity = $350,000

Net income = $70,000

Find:

ROE

Computation:

ROE = [Net income/Common equity]100

ROE = [$70,000/$350,000]100

ROE = 20%

5 0
3 years ago
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