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WARRIOR [948]
3 years ago
7

While many others dreamed about owning their own business, Holly Gabrel decided to do something about it. Holly knew that being

self-employed required long hours and hard work, but with the help of her husband, Trent, Holly was positive that the hours and the work would be rewarded. First, she and Trent developed a new concept in sunglasses that could be used by athletes better than the sunglasses now on the market. Holly and Trent obtained a patent on their invention, and began production and marketing.If the business is legally Holly's and she assumes unlimited liability, then the business form would be ______.
Business
1 answer:
tatyana61 [14]3 years ago
3 0

Answer:

Sole proprietorship

Explanation:

The characteristics of Sole Proprietorship includes unlimited liability and the owner of the business runs the business. In this case, the owner Holly is legal owner of the business and is involved in the marketing and production of the business. As the business is not registered as a company, the liability is unlimited which meets the criteria of sole proprietorship.

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2. Raven wants to have specific departmental goals for each of her departments so that it is clear what everyone should be doing
Sedaia [141]

Sales/Advertising goal is to Identify 20 new prospects and include them to the CRM.

Purchasing/Accounting goal  is Lower costs of purchase and lower risk as well as make sure of adequate security of supply.

<h3>What is the goal of sales and marketing?</h3>

Marketing  is one that is centered on making brand awareness, growing market share, and as such, by Identifying 20 new prospects and include them to the CRM , will will go through all the possible names or firms and then find out the best 20 to target.

Since Purchasing/Accounting goal  is Lower costs of purchase and lower risk as well as make sure of adequate security of supply, will we make sure that the  purchase of raw materials are at the lowest and best price with quality product.

Learn more about goal from

brainly.com/question/25534066

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3 0
2 years ago
The four components of planned aggregate expenditure are: A. spending on domestic goods, domestic services, foreign goods, and f
ASHA 777 [7]

Answer:

D.

Explanation:

Aggregate Planned Expenditure (AE) can be defined as the sum value of all the finished products and services in an economy. This value is calculated by adding all the expenditures that are considered in an economy. These components are household consumption (C), planned investments (I), Government expenditures or purchases (G), and net exports (NX) [net exports is the difference between the total exports and total imports].

<u>The sum value or the aggregate planned expenditure is calculated by adding all these components</u>.  

So, the correct answer is option D.

6 0
4 years ago
Occasionally it is said that issuing convertible bonds is better than issuing stock when the firm's shares are undervalued. Supp
Debora [2.8K]

Answer:

Generally convertible bonds are cheaper than normal corporate bonds since the warrants that allow bondholders to convert them to stocks carry a price. If the stock price is undervalued, so will the warrants. This means that yes, the company will also lose money if they issue convertible bonds.

But what is really important here is what action results in the lowest loss. Issuing common stock will probably result in higher losses than issuing convertible bonds.

4 0
3 years ago
With help from the marketing department, engineers at Easy Electronics have designed a new type of cable modem that is easier to
BartSMP [9]

Answer: B.brand name

Explanation: A brand name is a name used by a manufacturer to identify of differentiate its products or services. such is a service in this case it is a single line of product a cable modem. to differentiate theirs from others already in the market a brand name would be needed For example, addidas is the brand name used on most products manufactured by addidas, from this example, the business name adidas and brand name addidas are the sam.

4 0
3 years ago
The building code of River City requires that elevators in public buildings be inspected every nine months. Hal did not have the
Archy [21]

Answer: Public tort

Explanation: In simple words, public tort refers to the minor breach of contract by an individual. It is considered as a civil offense but still the acts under this act carries a criminal punishment.

In the given case, Hal did not make the elevator inspected in the seventh story for two years, however all other were inspected as per the rules. Thus, we can conclude that he breached the rule on a small level.

Hence from the above we can conclude that his offense would be classified as public tort.

3 0
4 years ago
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