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Gnoma [55]
3 years ago
12

A sole proprietor has limited liability

Business
2 answers:
kykrilka [37]3 years ago
8 0

Answer:false

Explanation: idk I only know the answer

Mrrafil [7]3 years ago
5 0

Answer:

The answer is false.

Explanation:

A sole proprietorship has an unlimited liability when it comes to meeting the debts to the external parties.

Only private companies, public quoted companies and comapanies limited by guarantee are eligible to limited liability.

Unlimited liability means that the owner is liable personally settel the debts, even at the cost of his personal fortune asd assets while in limited liability, a shareholder is only liable upto his contribution to the total equity.

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Earnings on an IRA grow until
frez [133]

Earnings on an IRA grow until C. you take the money out.

An IRA will continue to earn interest and gain value until your money is taken out of the account. Once the money is taken out, the interest will stop being earned. An IRA is a good savings plan to invest your money into for potential gain. There are low and high risks with investments but IRA's are pretty easy to navigate for first time investors.

3 0
3 years ago
What would happen if a supplier charged more than the market price
Yuri [45]
Equilibrium is the intersect of the two curves. The curves show you how much the producers supply and how much the consumers demand at each possible price. 

The demand curves shows that the higher the price is, the less the consumers demand. That's obvious—the consumer wants something, but not at any price. He's only willing to pay so much. If the price goes higher and higher, less and less people want to buy the good. 

The higher the price is, the more the producers can supply. This is because some producers are able to produce at lower costs; they're better and more efficient than other producers. Other producers, who produce at higher costs, would go bankrupt if they tried to produce at lower prices. But when the price goes up, even the worse producers, who have higher costs, are able to make profit. So, more producers supply to the market. 

What happens now, when the price gets lower than the equlibrium? As you can see from the chart, producers would supply less than consumers would be willing to consume at that particular price. There would be SHORTAGE. This happens when the goverment sets price ceilings (like on gas in the 30's). An opposite situation happens when there is price floor—for example minimum wage (because wages are prices too; prices of labor). In that case, there is surplus—in case of minimum wage that means surplus of labor (unemployment). 

But when the markets are free to set the price, they will quickly establish equlibrium again. The producers will see that there is a shortage. They'll realize they can set higher prices and make bigger profits. They can't set higher price than the equilibrium though, because there would be surplus and they would have their warehouses stuffed with goods noone wants to buy at that price. 

This is the Answer Am 100% sure.
3 0
4 years ago
Assume that a hypothetical economy with an MPC of 0.9 is experiencing severe recession.
Pavel [41]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

4 0
3 years ago
Which housing option gives you more freedom and more responsibility?.
Vladimir [108]

Answer:

Owning housing option gives you more freedom and more responsibilities.

Explanation:

Owning a house has the following benefits:

• more freedom

• more responsibilities

• lower costs in long-term high appreciation value

Renting housing option factors are as

follows:

• less freedom

• less responsibilities

higher costs in long-term

• more flexibility

As per the above question,

6 0
3 years ago
4. In the absence of
mixer [17]
I think the answer is D but i could be wrong
8 0
3 years ago
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