Short term loan is the best loan option for a neighborhood Lemonade stand because it is a small business.
<u>Explanation:</u>
Short term loan is obtained for a small business capital need. Short term loans are usually payable within an year. The interest to paid to short term loan is less compared to long-term loan.
Bank offers loan amount easily because they encourage people to do small business. In short term loan, risk is generally low and the profit is high if the business is running well.Since lemonade stand is a small business, short-term loan is the best loan option.
Explanation:
When a new partner is admitted a new agreement is formed and thus the firm is reconstituted.
Answer:
The answer is b.The inclusion of a corporation's employees on its board
Explanation:
Co determination involves employees being legally allocated control rights over corporate assets through seats on the supervisory board (the board of non executive directors). The supervisory board oversees the management board (board of executive directors) approving or rejecting its decisions, and appointing its members and setting their salaries.
Hello, your correct answer is,
<span>C) Tree branch breaks your bedroom window during a storm.
Hope I helped, tell me if I'm wrong!
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Answer:
$25,000 will be an ordinary income(FMV)
Explanation:
Kate received an offer of unrestricted partnership capital interest for the expertise services. so, Kate recognizes it's an "ordinary income"which should be booked at the fair market value of the partnership interest so offered.
i.e $25,000 is ordinary income (FMV)
