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
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.

You might be interested in
Edmund stench consumes two commodities, namely garbage and punk rock video cassettes. he doesn't actually eat the former but kee
katrin2010 [14]
<span>There is no clearly defined question and grammatical errors are in the text above. That said, the text begs the question why does Edmund consume cassettes? The answer is that the cassettes attract billy goats and the goats eat the garbage. Edmund can earn a living as long as each $6 cassette attracts enough of the goats to consume 3 garbage sacks. To be profitable, one cassette must attract enough goats to consume 4 sacks of garbage.</span>
5 0
3 years ago
Maribel is putting the finishing touches on her slide presentation. She wants
AleksAgata [21]

Answer:

B

Explanation:

when she is talking over the slides, some people are not good multi-taskers and want to listen to the more interesting thing, which is the audio.

4 0
3 years ago
Read 2 more answers
Gammy Corporation provides services with a normal price of $800,000 and a trade discount of $100,000. Terms are 2/10, n/30 and t
oee [108]

Answer:

$686,000

Explanation:

net service revenue = gross revenue - discount for early payment

gross revenue = total sales price - trade discount

gross revenue = $800,000 - $100,000 = $700,000

net service revenue = $700,000 - 2%($700,000) = $700,000 - $14,000 = $686,000

4 0
3 years ago
The corridor is the ________________ section of the ______________________ curve of reserves in the federal funds market.
lys-0071 [83]
The corridor is the vertical section of the supply curve of reserves in the federal fund market.
8 0
3 years ago
Read 2 more answers
CAN SOMEONE PLEASE HELP ME ASAP PLEASE!!!!​
Kobotan [32]
Answer: B

Explanation: There is an unlimited amount of wants but limited amount of resources
5 0
3 years ago
Other questions:
  • Suppose that a worker in Cornland can grow either 40 bushels of corn or 10 bushels of oats per year, and a worker in Oatland can
    15·1 answer
  • ] A firm is producing 1,000 units at a total cost of $5,000. If it were to increase production to 1,001 units, its total cost wo
    7·1 answer
  • ________ is very strong and durable and is therefore commonly used for cookware, dinnerware, and much ceramic sculpture.
    9·1 answer
  • what will happen if a shoe firm sells its shoes at a price lower than the opportunity cost of the input used in the production p
    13·1 answer
  • An investment offers $5,900 per year for 15 years, with the first payment occurring one year from now. If the required return is
    10·1 answer
  • Closed the credit balance of $188,000 (from net income) in the retained earnings income summary account.
    6·1 answer
  • An electronics firm is currently manufacturing an item that has a variable cost of $ 0.50 per unit and a selling price of $ 1.00
    15·1 answer
  • Suppose there are three factories in Macroland and the following occurred in 2019: Metal, plastic and a car factory. Metal facto
    15·1 answer
  • What is the present value of a series of payments received each year forever, starting with $1,000 paid one year from now and th
    11·1 answer
  • You earn $50,000 per year. Your entire income is taxed at the 10 percent federal tax bracket. Which value reflects what you will
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!