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3 years ago

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

Business

1 answer:

Kaylis [27]3 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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Josie is the CRM manager for a toy company. Under what pathway in the Marketing, Sales, and Services career cluster would Josie'

kumpel [21]

Answer:

B. Marketing Management

Explanation:

Marketing management is a process in which the planning and execution of pricing, promotion, distribution, goods & services in order to exchange and satisfy the individual and organization goals & objectives. It also involved the marketing, sales and services

Therefore option b is correct

6 0

3 years ago

Read 2 more answers

A homeowner from State A hired a contractor from State B to build a vacation home for her in State C. The parties signe

scZoUnD [109]

The following facts is most relevant to the court's decision on the homeowner's motion : The contractor removed the case to the federal court for State A.

INTERPRETATION-

The commencement of the action in State A is most relevant. When a case is removed from state court to federal court, venue is set in the federal district court that embraces the state court in which the action was pending, making the federal district court of State A the only appropriate venue choice.

Thus, (C) is the correct answer because the most (indeed, only) relevant fact is the fact that the action was commenced in a court of State A.

In answer choice (B)

Unlike cases commenced in federal court, in cases removed to federal court, the residence of the defendant contractor.

In answer choices (A) and (D)

The place where a substantial part of events relating to the claim occurred are irrelevant.

Therefore we can conclude that the correct choice is C.

Your question is incomplete, but most probably your full question was:

A homeowner from State A hired a contractor from State B to build a vacation home for her in State C:

A. The parties signed the contract in State A.

B. The contractor breached the contract, and the homeowner sued the contractor in a court of State A, seeking damages of $100,000.

C. The contractor removed the case to the federal court for State A.

D. The homeowner promptly moved to remand the case to state court, arguing that venue was improper.

Which of the following facts is most relevant to the court's decision on the homeowner's motion?

Learn more about Federal Court's Decision on:

brainly.com/question/10051092

#SPJ4

5 0

2 years ago

Marks Corporation's balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Cash and cas

Vinvika [58]

Answer:

statement of cash flows using the indirect method.

Cash Flow from Operating Activities

Net income for the year was $77

Adjustment of Non-Cash Items :

Depreciation $40

Adjustment for Working Capital items:

Decrease in Accounts receivable $4

Increase in Inventory ($3)

Increase in Accounts Payable $2

Net Cash From Operating Activities $120

Cash Flow from Investing Activities

Purchases of Property, plant, and equipment ($108)

Net Cash used in Investing Activities ($108)

Cash Flow from Financing Activities

Proceeds from Common Stock Issue $1

Dividends Paid ($13)

Net Cash used in Financing Activities ($12)

Net Cash Inflow/(Outflow) during the period $10

Cash and Cash Equivalents at Beginning of the Period $37

Cash and Cash Equivalents at End of the Period $47

Explanation:

Show the Movement of Cash in the 3 categories of

Cash flow from Operating Activities
Cash flow from Investing Activities
Cash flow from Financing Activities

3 0

3 years ago

Mia likes to write books during her free time. At present, three of her books have been published and sold around the world. The

alexandr402 [8]

I think the the income received from selling her books is an example of earned income. It is any income that is generated by working. Your salary or money made from hourly employment (regardless of whether that salary or hourly income came from working for someone else or from your own “consulting”) is considered earned income.

7 0

3 years ago

Read 2 more answers

According to the Principle of Utility within the ethical theory of Utilitarianism, happiness is an extermely important factor in

Daniel [21]

True.

The Principle of Utility says actions are right when they promote happiness or pleasure, and wrong when they cause unhappiness or pain. So in order to figure out if something is right or wrong you will first have to know if it promotes happiness.

6 0

3 years ago