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Lubov Fominskaja [6]
3 years ago
15

Will and Bill both enjoy sunshine, water, and surfboards. Thus, the two friends decided to create a business together renting su

rfboards, paddle boats, and inflatable devices in California. Will and Bill will equally share in the decision making and in the business profits or losses. Which type of business did they create if they both have full personal liability for the firm's debts?
A. Sole proprietorship
B. Limited partnership
C. Corporation
D. Joint stock company
E.General partnership
Business
1 answer:
geniusboy [140]3 years ago
4 0

Answer:

E. general partnership

Explanation:

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Which rules and regulations govern advertising to protect the consumer from deceptive or misleading claims?
Fed [463]

Advertising regulations provide a set of rules and regulations that protects the consumer from deceptive or misleading claims.

Answer: Option (d)

<u>Explanation:</u>

Advertising regulations is a consumer protection act that safeguards the peoples from being misled in false information about sales and trade.

These regulations evaluates the bad products in a company and makes it fail easily.

It explains the detailed information about the severity of false product in a company and prevents the people from consuming that product.

FTC is one of the advertising policies commonly referred to as the Federal Trade Commission safeguards the consumers from unwanted practices and it also protects the basic rights of the consumer in a state.

FTC uses three major bureaus to evaluate the fraud practices involved in a business and implements a proper advertising activities.

Bureaus of Competition, Economy and Consumer protections implies the best practices of advertising policies.

7 0
3 years ago
A law enforcement agent is in charge of getting a writing sample from an uncooperative suspect. the agent puts the suspect in a
zmey [24]
According to my opinion, what the agent did wrong is that he asked him to write the answers of the questions two more times because when we write again and again the same thing our handwriting changes.And what the agent did right is that he influenced him to compose all that he says as he directs the data to the suspect because in this way they can see whether the handwriting matches it or not.
5 0
3 years ago
Hungry lunch has net income of $73,402, a price-earnings ratio of 13.7, and earnings per share of $.43. How many shares of stock
kati45 [8]

Answer: The number of shares outstanding is approximately 170702.32 shares.

We have :

EPS                       $0.43

Net Income       $73,402

The formula for computing EPS is

EPS = \frac{Net Income}{Number of shares outstanding}

Substituting the values from the question in the formula above we get,

Number of shares outstanding = \frac{73402}{0.43}

Number of shares outstanding = 170702.3256

7 0
3 years ago
Read 2 more answers
Margo spends $30,000 on one year's college tuition. The opportunity cost of spending one year in college for Margo is:
Tju [1.3M]

Answer:

Purchases she could have made with $30,000 plus the earnings foregone

Explanation:

Opportunity cost refers to the benefit obtained from the next best alternative.

Here, the opportunity cost of spending a year in the college is the purchases worth of $30,000 that she would have do it and the money income that she would have earned it.

Opportunity cost can be represented in terms of monetary and non monetary.

5 0
3 years ago
Suppose that real GDP per capita of the United States is $32,000 and its growth rate is 2% per year and that real GDP per capita
Andrej [43]

Answer:

40 years

Explanation:

Given:

Per capita GDP of United states = $32,000

Per capita GDP of China = $4,000

Growth rate of United states = 2%

Growth rate of China = 7%

Now, By the rule of 70 , the GDP will double in \frac{\textup{70}}{\textup{Growth rate}} years

Therefore,

The United States GDP will double in = \frac{\textup{70}}{\textup{2}}  = 35 years

Thus,

The GDP of united states in 35 years will be (2 × $32,000 ) = $64,000

this is equals to the 16 times the current GDP of the China

Now,

The China GDP will double in = \frac{\textup{70}}{\textup{7}} = 10 years

Therefore,

The GDP of china will be

2 × $4,000 in 10 years   = $8,000

in 20 years  = 2 × $8,000 = $16,000  ( i.e 4 times)

in 30 years  = 2 × $16,000 = $32,000  ( i.e 8 times)

in 40 years  = 2 × $32,000 = $64,000  ( i.e 16 times)

Hence, it will take 40 years for China to catch up with the united states

6 0
3 years ago
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