<h2>List Two Disadvantages of Sole Proprietorship & Explain Them.</h2>
▪︎Unlimited Liability
- The main factor being that there is no limit on the debt that can be accumulated. Which can cause the business to become insolvent very quickly.
- This means that even personal assets are allowed to be repossessed by the bank.
▪︎Single Person Tax
- The main factor being that you will be taxed as a separate entity, therefore doubling the total expenses. You must now, pay tax for your personal life & for your work life.
- This can become extremely expensive & turn into a less profitable business.
Answer:
The correct answer is: Free trade causes contraction in the import-competing sector.
Explanation:
Free trade implies no or very low restrictions on trade between countries. These restrictions may be tariffs, quotas, permits, licenses, etc.
Free trade means that foreign producers will be able to sell their products in the domestic market easily. So it will increase competition in the sector that is competing with foreign producers. Or in other words, we can say that it will lead to a contraction in the import-competing sector.
This happens because domestic producers have to face competition from foreign producers. We are aware that a country exports the good it specializes in producing. So obviously foreign producers specialize in that product. This will lead to a contraction in the domestic market for the good.
Answer:
Separation and or termination in HR relates to the cessation of the relationship between employer and employee.
Separation and or termination of the contract may occur in the following ways:
1. Constructive Discharge
2. Firing
3. Layoff
4. Termination by Mutual Agreement
5. Termination with Prejudice
6. Termination without Prejudice
7. Involuntary Termination of employment contract
8. Voluntary Termination of employment contract
9. Wrongful Termination of employment contract
10. Cessation of Temporary Contracts
Explanation:
Regardless of the type of separation or termination which occurs, the business owner and the the HR manager must realize that the HR funnel must never run short of hands with which the organization will attain its goals/objectives.
Recognizing the times lines for contracts that are terminal in nature, anticipating and preparing for sudden separation and planning adequately for these occurrences using HR Planning enables the business to continue to thrive regardless of its rate of turnover.
Cheers
Answer:
i said D but dont know if its right
Explanation:
The Tax Cuts and Jobs Act represented sweeping changes to the tax code and reframed the computation of employee income tax.
<h3>What is Tax Cuts and Jobs Act?</h3>
Tax Cuts and Jobs Act serves as the established act that focus on the changes to the tax code as regards the employees.
Therefore,Tax Cuts and Jobs Act changes to the tax code reframed the computation of employee income tax.
Learn more about Tax Cuts and Jobs Act at:
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