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
rodikova [14]
3 years ago
11

Ronald, Jamie, Ben, and Joseph are colleagues who want to start a company of their own. All of them want to be actively involved

in managing the business. However, they do not want any personal liability for any debts incurred by the company. In this scenario, they should most likely get involved in a _____.
Business
1 answer:
Fudgin [204]3 years ago
8 0

Answer: A limited liability company

Explanation:

A limited liability company is a company in which the liability of members is limited to the amount of money invested in the business.

The characteristics of a limited liability company includes:

1. Limited liability - the liability of members is limited to the amount invested by members.

2. Members have the option of managing the company by themselves or employing managers.

3. The Limited liability company is a separate legal entity from its members.

You might be interested in
Here is the accounting equation for Sam's auto parts $18,000= $12,000 +$6,000 The owner withdrew $1,500 for personal use. Write
Eva8 [605]

Answer:

$18000=$12000+$4500

5 0
3 years ago
What are the pros and con's for the arrive alive campaign?
Elena-2011 [213]
The Arrive Alive campaign was launched to prevent road accidents or at least lessen the instances of accidents due to drunk driving and reckless driving.

The advantages of this campaign are:

1. It promotes awareness among drivers to drive safely. 
2. It educates drivers on the rules and safe acts when on the road. 

The disadvantages of this campaign are:

1. It does not completely eliminate the risk of accidents due to drunk and reckless driving. It merely 'educates' the drivers about safe acts. 
2. It still allows the drivers to drink and drive but at 'allowable alcohol level' which does not help at all.

In the end, the Arrive Alive campaign failed. 
3 0
3 years ago
Read 2 more answers
Perez Company acquires an ore mine at a cost of $1,400,000. It incurs additional costs of $400,000 to access the mine, which is
Amiraneli [1.4K]

Answer:

total cost of mine  = $1,400,000 + $400,000 = $1,800,000

estimed number of tons of ore = 1,000,000

residual value of land at the end of the mine =  $200,000

depletion expenses  per ton of ore =  ($1,800,000 - $200,000)/1,000,000

                                                          =  $1,600,000/1,000,000

                                                          = $1.6/ton

total depletion expenses  for the first year =  Ddepletion expenses per ton x number of ton of ore produced

                                                                 =  $1.6 x 180,000  

                                                                 =   $288,000

Explanation:

3 0
3 years ago
The minute karen walks into your mother-in-law's house to visit, she is struck by the strong smell of her perfume. however, afte
fenix001 [56]

Answer:

sensory adaptation

Explanation:

As when you enter a new area basically there is change of environment and the senses activate and if there will be a slight change also in the smell, and quality of air that will be noticed by the body.

After certain time is spent even in the changed environment the body starts accepting such change and accordingly after few minutes even though the smell was recognizable earlier will have no effect now.

This is called sensory adaption, that is with some time the senses adapt such change.

5 0
3 years ago
A.
Bad White [126]

Answer:

D

Explanation:

Took the test on ed

8 0
2 years ago
Read 2 more answers
Other questions:
  • If the employees of San Simeon Company successfully borrowed a large sum of money and purchased the firm from its current owners
    8·1 answer
  • Exchange rate shifts that cause the Sing$ to be weaker versus than the Brazilian real:
    7·1 answer
  • Before you could train as a physician, you first had to become _____.
    11·2 answers
  • Costs that can be eliminated in whole or in part if a particular business segment is discontinued are called:
    5·1 answer
  • Richard owns and operates a small business at an outdoor market where he sells fruits and vegetables. What does the UCC specific
    10·1 answer
  • If Project Repat were to acquire another firm that makes or sells similar products in similar markets, it would be an example of
    8·1 answer
  • BK Books is an online book retailer that also has 10,000 "bricks and mortar" outlets worldwide. You are a risk-neutral manager w
    8·1 answer
  • In the third step of the strategic management process, managers should:
    7·1 answer
  • Identify the correct definition of an asset. Multiple choice question. An asset is an amount owed to a creditor. An asset is a r
    13·1 answer
  • A(n) _____ strategy is appealing because it attracts two distinct market segments: those who are not price sensitive along with
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!