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vovikov84 [41]
3 years ago
14

A business partner whose potential financial loss in the partnership will not exceed his or her investment in that partnership i

s called a:_______. a) General partner. b) Sole proprietor. c) Limited partner. d) Corporate shareholder. e) Zero partner.
Business
1 answer:
hodyreva [135]3 years ago
5 0

Answer:

c) <u>Limited partner</u>

Explanation:

Partnership is a form of business wherein two or more individuals agree to carry out a business, mutually agreeing to share profits and losses in agreed profit sharing ratio as per the clauses in partnership deed.

Apart from in Limited liability form of partnership, partners are subject to unlimited liability which means in case of excessive losses, their personal assets such as cars or houses can be taken away as well.

Limited liability partnership(LLP) is a form of partnership wherein the loss of partners are limited to the amount of their respective investments.

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Why does Jeremy earn more money than Rose?
Step2247 [10]

Answer: Jeremy completed his engineering degree.

Explanation:

Since Jeremy has a college degree in engineering he makes more money than Rose who dropped out of college. College graduates are in higher demand to work the jobs that pay more than smaller companies. If Rose had of completed her college degree she could of found a job that uses her education and made more money.

Since Jeremy has a specific degree the company hired him based on his knowledge of the subject. He will be paid higher and most likely have better benefits than someone in an entry level position.

6 0
3 years ago
The competition within each strategic group is: a. typically very low. b. more intense than the competition between different st
nlexa [21]

Answer:B. more intense than the competition between different strategic groups.

Explanation: Competition is a rivalry between two or more group of people or organizations or business entities with the sole aim of maintaining a good market share,a good profits etc

Competition can be within a strategic group or between strategic groups. Competition within strategic group is a rivalry that takes place between business entities that produce similar product or who are within an industry,this type is more intense than between strategic groups( Organisations of different industry).

7 0
3 years ago
"Assuming the market of soda has a regular downward sloping" demand curve and upward sloping supply curve, the tax will ________
Scrat [10]

Answer:

"Assuming the market of soda has a regular downward sloping" demand curve and upward sloping supply curve, the tax will  <u>be added to</u>  the price paid by buyers and <u>not the price received by</u>  the price received by sellers.

Explanation:

When demand is  takes a downward slope it simply means the good is not sort after  in the open market.When Supply curve takes an upward curve it means their is a great  availability of production resources.

Tax incidence goes alongside the above theory,in cases  where demand is low ,the tax will will be imposed on the buyer .But in the case where demand is high the tax is usually imposed on the producer.

5 0
4 years ago
Assif mandvi's imitation of an american answering a call for "tech support" was an example of
rewona [7]
<span>Assif Mandvi's imitation of an american answering a call for "tech support" was an example of ethnocentrism. Ethnocentrism can be defined as the belief that one's own ethnic group is superior to other groups. Ethnocentrism is also the tendency to view other cultures from one's own perspective, instead of objectively.</span>
8 0
3 years ago
. Suppose you are choosing between a checking account with a $0.40 per-check fee and no monthly fee or an account with free chec
Bingel [31]

Answer:

You answer should be 17

Explanation:

If you write 17 checks for $0.40 your would pay $6.80 at the end of the month, which then makes the one with a monthly fee a better option.

7 0
3 years ago
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