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Ipatiy [6.2K]
4 years ago
9

Which of the following is a false statement regarding a sole proprietorship?

Business
1 answer:
Kaylis [27]4 years ago
7 0

Answer:

E) A sole proprietor is not personally liable for the obligations of the business.

Explanation:

Sole proprietorship is a kind of business owned by one man. Characteristics of a sole proprietorship includes;

  • A sole proprietorship requires few legal formalities.
  • A sole proprietor has complete control of the management of the business.
  • The sole proprietor keeps all the profits from the business.
  • Profits are taxed as the personal income of the sole proprietor.

It is the oldest and simplest form of business.

The answer is a sole proprietor is not personally liable for the obligations of the business.

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Say that you have invented a new snack food product and would like to market it to college students. What are some of the advert
Lera25 [3.4K]

Explanation:

The ideal would be to create an advertising message that would bring value and engagement to the target audience that you want to reach, which in this case are young university students. Use more modern and informal communication, elements of youth culture, such as music, films and series, which add value to advertising to attract the desired audience.

It would also be important that advertising communication be carried out in colleges, through advertising on student radio or as a sponsor of sports games.

If the product is well aimed at meeting the needs of university students and has a positive response, in the future it can grow and be consumed by other students and thus become a product of value for young people.

4 0
3 years ago
Imagine you have $30 to spend. You are thinking of buying new soccer shoes because yours
Nitella [24]

Answer:

video game

Explanation:

because I don't go outside, I'm a gamer

5 0
3 years ago
Your uncle has $340,000 invested at 7.5%, and he now wants to retire. He wants to withdraw $35,000 at the end of each year, star
timama [110]

Answer:

17.27 years

Explanation:

For this question we use the NPER formula that is shown on the attachment below:

Provided that  

Present value = $340,000

Future value = $25,000

PMT = $35,000

Rate of interest = 7.5%

The formula is shown below:

= NPER(Rate;PMT;-PV;FV;type)

The present value come in negative

So, after solving this, the number of year is 17.27 years

5 0
3 years ago
Q: What determines the balance of production and consumption?
ANTONII [103]
Resources is referred to as the available asset that can be used for further purposes may it be for business or consumption. This is what determines the balance between the production and consumption for without these, production would not be possible and if nothing is produced, nothing would also be consumed. Resources come in different forms and each has its own availability. Answer for this would be C.
6 0
3 years ago
What are the things that you need to change for you to be a better person​??
ivann1987 [24]

Explanation:

  • Any negative attitude you might ha e toward life and/or work
  • If the way you treat others is not how you want to be treated, you need to change your behavior.
  • Be open-minded
  • Always try to see the good
  • Love yourself
4 0
3 years ago
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