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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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A firm with a production function Q = KL (where K is units of capital and L is units of labor) has an expansion path that is giv
Charra [1.4K]

Answer:

C. 120

Explanation:

The computation is shown below:

                                      (L × K)

<u>Labor L      Capital K   Quantity of Output Q         Total cost TC</u>

1                    2                      2                                       $40

2                   4                      8                                       $80

                                                                   (2 × $20 + 4 × $10)

3                    6                    18                                       $120

                                                                  (3 × $20 + 6 × $10)

4                    8                     32                                      $160

                                                                 (4 × $20 + 8 × $10)

As we can see that if we considered 3 units of labor so the total cost is $120

Hence, the correct option is c.

4 0
3 years ago
Why is it important for organizations to accurately estimate the demand for a good or​ service? A. To decrease the fixed costs o
Yuki888 [10]

Answer:

B. To plan​ production, marketing, and budgets

Explanation:

A company needs to know accurately the demand for a good or service because it has to determine what kind of customer it is and plan the marketing accordingly. Additionally, that information will be valuable in planning plan its production volume. And afterward, with that information in hands, knowing fixed and varied costs, marketing costs and others, plan the budget accordingly. Pricing, fixed costs, demand slope, and potential sales will be determined by other factors that can include but are not limited to demand estimation.  

4 0
3 years ago
Arnold is the director of an advertising firm. Being the MD, he has the potential or capacity to affect the behavior of his subo
Vsevolod [243]

Answer:

The correct option is A

Explanation:

Arnold has the potential and capacity which means he has the power but instead he chooses to stick to important paperwork which makes him fail in influencing his subordinates.

3 0
3 years ago
Read 2 more answers
Part of the Lands' End business model includes purchasing products and then selling them again without any reprocessing. Lands'
hodyreva [135]
Part of the lands' end business model includes purchasing products and then selling them again without any reprocessing. Lands' end is operating in the reseller market.
This company doesn't use the goods it has bought - it just sells it again to another company so as to get some profit.
3 0
3 years ago
Your firm has just issued five-year floating-rate notes indexed to six-month U.S. dollar LIBOR plus 1/4 percent. What is the amo
andre [41]

Answer:

The first coupon payment is 37.25 dollars.

Explanation:

This problem require us to calculate the first coupon payment that the firm will make. This can be easily calculated by multiplying the applicable interest rate with face value of notes issued.  

The applicable interest rate is six month libor + 0.25% (1/4)

so

First coupon payment = (7.45%)'/2 * 1000 = 37.25 dollars

'7.25%  + 0.25% = 7,45%

5 0
2 years ago
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