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sashaice [31]
3 years ago
6

Without creating a separate business organization, Reynold starts up and assumes the financial risk of, Sole Savers, a new, pre-

owned auto sales enterprise.
Reynold is:

(A) a partner.
(B) a franchisor.
(C) a franchisee.
(D) a sole proprietor.
Business
1 answer:
dexar [7]3 years ago
5 0

Answer:

C: a franchisee

Explanation:

One of the responsibilities of a franchisee is to bear risk of the franchisor.

A franchise is a business relationship where a firm goes into agreement with another firm to represent the former in another geographical region or service. The franchisor is the parent company while the franchisee is the independent agent.

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Which of the following statements is CORRECT?a. Projects with "normal" cash flows can have two or more real IRRs.b. Projects wit
MaRussiya [10]

Answer:

e. Projects with "normal" cash flows can have only one real IRR

Explanation:

Normal cash flow refers to normal expected cash flow from the project, it might be negative, or positive. But generally there is a pattern in such cash flows. Initially they might be negative, but as the project starts getting mature there is positive cash flow.

This is normal circumstance. Under this there is only one real IRR. IRR is represented as the rate of return where present value of inflows = present value of outflows.

Thus, statement is true and correct.

6 0
4 years ago
The general common law rule on contract modifications holds that an agreement to modify an existing contract requires a(n):
dlinn [17]
<span>agreement to modify an existing contract would be the answer</span>
8 0
4 years ago
Solid Appliances, Inc., is a private, for-profit corporation that (1) was formed for the purpose of manufacturing and distributi
Lunna [17]

Answer:

b. a close corporation. 

Explanation:

A closed corporation is a corporation in which the shares of the company aren't publicly traded. Shares are held by few people, they are usually family members or mangers of the business. A closed corporation is taxed like a typical corporation and has limited liabilities.

A s corporation is a type of corporation where shares are held by few people. S corporations are taxed like a partnership- they are taxed once.

A non profit corporation is set up for purposes other than to make profit.

I hope my answer helps you

6 0
3 years ago
Which of these economic goals is most important in a traditional economy? select one:
Gnom [1K]
Which of these economic goals is most important in a traditional economy?
A. Growth
8 0
3 years ago
Arlington LLC exchanged land used in its business for some new land. Arlington originally purchased the land for $28,000. The ne
Nata [24]

Answer:

The correct answer here is $2000.

Explanation:

Given information -

Original value of asset - $28,000

Fair market value - $35,000

Equipment received in exchange of transaction - $2000

For taking out the Arlington's gain or loss  on the exchange we will select the lesser of the f\given two, which are fair market value of equipment which is $2000 and other one is gain recognized by - $35,000 + $2000 - $28,0000 = $9000, so the lesser of the two is $2000.

3 0
3 years ago
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