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inna [77]
4 years ago
11

B approached L and proposed they form a partnership to exploit a profitable idea of B’s. L declined, citing the risk of unlimite

d liability. B then proposed that L lend B $50,000 and that B go into the business as a sole proprietor. L would receive half the profits and the right to veto any of B’s decisions. The debt would have a long-term maturity date to facilitate operation of the business during its development stage. If L accepts the above proposition, the likely result is that:________.
Business
1 answer:
stiv31 [10]4 years ago
7 0

Answer:B and L have formed a partnership even if they did not intend to.

Explanation:Partnerships can be formed in several different ways and can offer an attractive alternative to setting up as a company or a sole trader.

A partnership is the relationship of two or more 'partners' carrying out a business with a view to making a profit. You and your partners are responsible for running the business. You share profits between yourselves. You and your partners are personally responsible for paying the bills (apart from LLPs). Partnerships are not a separate legal entity (apart from LLPs).

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Mandi gets a call from her local car dealer. At the end of the call, the seller asks when Mandi wants to schedule an appointment
Gnesinka [82]

The scenario between Mandi and the car dealer is simply known as a assumptive close.

<h3>What is a assumptive close?</h3>

An assumptive close simply means when one assumes that a customer plans to buy a product and then encourages the person to do so.

In this case, the car dealer simply encouraged Mandi to purchase the car. This illustrates an assumptive close.

Learn more about dealer on:

brainly.com/question/1918419

4 0
3 years ago
When positive externalities are present in a market a. private benefits will be greater than social benefits. b. social benefits
Oxana [17]

Answer:

b. social benefits will be greater than private benefits

Explanation:

Positive externalities can be defined as those that produce positive effects for society in relation to the consumption of a good or service.

This is because the social benefit is the sum of the private benefit plus the sum of the external benefit.

An example of positive externality pertinent to the present is the fact that vaccinating people generates greater positive effects on society, because when vaccinating an individual there is less chance of having more people infected with some disease.

So it is correct to say that the social benefits will be greater than the private ones. Letter b.

5 0
3 years ago
An open market purchase by the fed has a tendency to:
andrew-mc [135]
An open market purchase by the fed has a tendency to:A.  increase the demand for bonds, drive up bond prices, and <span>raise interest rates

</span><span>In open market purchase, the government will sell an investment in the form of bond or other government securities to the market.
When this happen, the demands for government securities will be increased, which lead to an increse in all the bond price due to the high demand.
All of these will increase the amount of money in circulation , which will lead to an increase in interest rates

</span>
4 0
3 years ago
Horton automatics and the industrial division of the communications workers of america—the union that represented horton's worke
musickatia [10]

Based on the scenario, an arbitration happens in the court order if both parties has an agreement to a dispute and based on the scenario, the arbitration occurred because of the reason that both parties have an agreement in which is the collective bargaining agreement. The court will likely set the arbitrator’s award due to the following reasons, if the award had violated public policy, the arbitrator’s conduct prejudice the rights of the other party and if the arbitrator has exceeded his or her powers and if the arbitrator decided to do any of this, it is likely that the court will set aside the arbitrator’s award.

0 0
4 years ago
Kasey Stevenson is starting a firm in the women's clothing industry primarily to pursue financial rewards. According to the text
bazaltina [42]

Answer:

The correct option is option a)

often fails to live up to its hype

Explanation:

According to the textbook, starting a business to make a lot of money often fails to live up to its hype.

3 0
3 years ago
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