1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
docker41 [41]
3 years ago
5

Adrian and Fran operate their computer tech support company "Best Techs," as an S corporation, file the appropriate incorporatio

n and registration paperwork with the Secretary of State's office, hold shareholders' meetings to elect a board of directors, hold board of directors' meetings to appoint corporate officers, and maintain all corporate documents and other formalities. Bruno, one of their customers, claims that Hemi, Best Techs' employee negligently installed anti-virus software on his business' computers, that all of his office computers were infected with a serious computer virus as a result, and that the damage cost him thousands of dollars to fix. If Bruno sues Best Techs and successfully proves negligence:
A. Adrian and Fran will have limited liability, meaning they might lose their investments in Best Techs but will not lose their personal assets.
B. Adrian and Fran will be personally liable for the debt, meaning they may have to pay the debt from their personal assets.
C. Either Adrian or Fran will have to be personally liable, since at least one of the partners must be a general partner.
D. Only the partners who actively participated in the management of the company on a day-to-day basis will be personally liable.
Business
1 answer:
Dmitry [639]3 years ago
3 0

Answer:

Option A. Adrian and Fran will have limited liability, meaning they might lose their investments in Best Techs but will not lose their personal assets.

Explanation:

The reason is that the organization which is a limited company is responsible for the employee's negligence and as a result the compensation for the negligence would be paid by the company then the Adrian and Fran's investment in that company is affected by the compensation that the company would pay, not their personal assets. The shareholders are not liable for the negligence of the employee but the company is. Hence the maximum loss to the shareholders  Adrian and Fran would be the investment in the company and assets other than this investment will have no impact of this compensation.

So the option A is the correct option.

You might be interested in
According to the objective theory of​ contracts, the intent to enter into an express or​ implied-in-fact contract is judged by t
Klio2033 [76]

Answer:

A

Explanation:

The reason is that it just makes the most sense. Therefor your answer is A) According to the objective theory of​ contracts, the intent to enter into an express or​ implied-in-fact contract is judged by the​ reasonable people standard

I really hope this answer helps you out! It makes my day helping people like you and giving back to the community that has helped me through school! If you could do me a favor, if this helped you and this is the very best answer and you understand that all of my answers are legit and top notch. Please mark as brainliest! Thanks and have a awesome day!

4 0
2 years ago
Read 2 more answers
A student comments to his roommate that the only way he will be able to pass his final exams is to not sleep for the next three
Varvara68 [4.7K]

Since the student comments to his roommate that the only way he will be able to pass his final exams is to not sleep for the next three days, one can say that the  statement suggests that option c) there is a trade off between studying and sleep.

<h3>What means trade-off?</h3>

The Definition of trade-off is known to be the act or the process that is used in equalizing the factors all of which are not able to achieve at the same time such as the trade off between studying and sleep.

Note that the term  trade-off is seen as a point where there is a situational decision that entails the act of lowering or losing one quality, quantity and even  property so that one can be able to get  other aspects or things,

Therefore, Since the student comments to his roommate that the only way he will be able to pass his final exams is to not sleep for the next three days, one can say that the  statement suggests that option c) there is a trade off between studying and sleep.

Learn more about trade off from

brainly.com/question/7072776

#SPJ1

A student comments to his roommate that the only way he will be able to pass his final exams is to not sleep for the next three days. This statement suggests that a) students are more concerned about good grades than health b) society should value sleep more c) there is a trade off between studying and sleep d) society should value good grades more than sleep

4 0
1 year ago
Jones Corp. reported current assets of $196,000 and current liabilities of $138,500 on its most recent balance sheet. The curren
myrzilka [38]

Answer:

0.74

Explanation:

Jones corporation reported a current assets of $196,000

The current liabilities is $138,500

The current assets consists of $61,000 cash , account receivable= $42,100, inventory= $92,900

Therefore the quick ratio can be calculated as follows

= cash + account receivables

= $61,000 + $42,100

= $103,100

$103,100/$138,500

= 0.74

Hence the acid test(quick ) ratio is 0.74

4 0
3 years ago
Assume that the risk-free rate of interest is 5% and the expected rate of return on the market is 17%. A share of stock sells fo
Ugo [173]

Answer:

New price (P1) = $72.88

Explanation:

Given:

Risk-free rate of interest (Rf) = 5%

Expected rate of market return (Rm) = 17%

Old price (P0) = $64

Dividend (D) = $2

Beta (β) = 1.0

New price (P1) = ?

Computation of expected rate on return:

Expected rate on return (r) = Rf + β(Rm - Rf)

Expected rate on return (r) = 5% + 1.0(17% - 5%)

Expected rate on return (r) = 5% + 1.0(12%)

Expected rate on return (r) = 5% + 12%

Expected rate on return (r) = 17%

Computation:

Expected rate on return (r) = (D + P1 - P0) / P0

17% = ($2 + P1 - $64) / $64

0.17 = (2 + P1 - $64) / $64

10.88 = P1 - $62

New price (P1) = $72.88

7 0
3 years ago
When managers are flexible, creative and willing to learn from mistakes, they are addressing which aspect of emerging public iss
defon

Managers are handling complexity when they are adaptable, imaginative, and prepared to learn from mistakes.

Describe complexity.

According to the scientific theory of complexity, certain systems exhibit behavioral traits that are utterly outside the scope of any traditional examination of the system's component pieces. These phenomena, also known as emergent behavior, appear to be present in a variety of complex living organism-based systems, such as the stock market and the human brain. For instance, according to complexity theorists, a stock market crash is an emergent result of the activities of several individual investors on a complex financial system, just as human awareness is an emergent characteristic of a complex network of neurons in the brain.

to know more about complexity

brainly.com/question/4667958

#SPJ4

6 0
1 year ago
Other questions:
  • Jane is arguing with Joan about how much cash on hand their small retail outlet needs as they prepare their cash budget. Jane fe
    10·1 answer
  • Assume that the market for chocolates is perfectly competitive. Which of the following statements would be true in this​ case? A
    5·1 answer
  • Long-Life Insurance has developed a linear model that it uses to determine the amount of term life insurance a family of four sh
    12·1 answer
  • During the 16th and 17th centuries many European countries adopted the belief that the best way to have a prosperous country was
    13·1 answer
  • Which correlation coefficient would you use to look at the correlation between gender and time spent on the phone talking to you
    7·2 answers
  • Esquire Company needs to acquire a molding machine to be used in its manufacturing process. Two types of machines that would be
    12·1 answer
  • Based on the substitution effect, which example reflects how people would likely respond to a rise in gas prices
    10·1 answer
  • Whose name is associated with humanism
    7·1 answer
  • Plimpton Company produces countertop ovens. Plimpton uses a standard costing system. The standard costing system relies on direc
    9·1 answer
  • Beck Manufacturing reports the following information in T-accounts for the current year. Raw Materials Inventory Debit Credit Be
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!