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Dmitry_Shevchenko [17]
3 years ago
9

Promoters of an LLC are Select one: a. are never personally liable on pre-formation debt. b. always liable on pre-formation debt

. c. only liable on pre-formation debt until a novation occurs.
Business
1 answer:
Bad White [126]3 years ago
5 0

Answer:

The answer is C. only liable on pre-formation debt until a novation occurs.

Explanation:

The corporation and the third-party agree to release the promoter from liability and to substitute the corporation in place of the promoter as the party liable on the contract. May be express or implied.

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If you were shopping for a new TV, would you prefer to buy one (a) under perfectly competitive market conditions, (b) from a reg
KonstantinChe [14]

Answer:

One is buying a brand new T.V. then one can purchase the T.V. beneath the monopolistic market situation. this can be as a result of T.Vs are oversubscribed as differentiated product by diverse brands with diverse options in several brands of T.V. conjointly promotion and marketing also shows a vital part in T.V. market. though utterly viable variety of markets lead to lowest worth, however the market construction of noncompetitive kind are going to be chosen during this case as request for T'V is comparatively elastic and not utterly flexible as is that the circumstance in perfectly competitive markets and other people conform to pay higher costs for a lot of options and conditions.

It is not wise to shop for T.V. beneath monopoly because the worth are going to be terribly high and shopper additional will be low. Also, in oligopoly market arrangement the costs are going to be high and solely few companies will be marketing the merchandise with not a lot of selections accessible within the market.

Thus, the most effective sort of market arrangement to shop for T.V.is monopolistic competition.

5 0
3 years ago
40 points easy question
Lyrx [107]

Answer:

D

Explanation:

just did it and got it right

3 0
3 years ago
Suppose a bank gets a new deposit of $100 cash and it has a 20% required reserve ratio. If
JulijaS [17]

Answer:

C) $500

Explanation:

First we must determine the money multiplier = 1 / reserve ratio:

  • money multiplier = 1 / 20% = 5

The bank's checkable deposits originally increase by $100, and since it will be able to lend all the money it can, $80, its checkable deposits will also increase by $80 x 5 (money multiplier) = $400.

So the total increase in the bank's checkable deposits = $100 (original deposit) + $400 (money created through loans) = $500

4 0
3 years ago
Which of the following choices is not a step that can reduce your spending?
inn [45]
The answer is d) purchasing reduced fat lattes during the week
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A local charity spent $15,000 on a fundraising campaign. The charity raised $7 for each dollar it spent on the fundraising campa
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$15,000 * $7= $105000

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3 years ago
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