Answer:The net worth of Joe and Mike will reduce.
Explanation:
It will reduce because the only asset they both have is the houses in the neighbourhood and since prices have reduced,their net worth will also reduce.
Based on the scenario above, this process is being termed as
dumping. Dumping is a term used in the international trade’s context where in
the export of a company or a country in regards with their product is being
priced lower when they are in the foreign importing market than of the domestic
market.
To answer the question above as to Jean's explanation on Say's Law or The Law of Market.. I agree that "if there is a surplus of goods, there must be unmet of demand for others". Jean's explanation is more of a Capitalist style of management.
Answer:
B. State statutes
Explanation:
When it comes to incorporating an entity, each state has its own definitive laws of incorporation and that can be found in state statutes. The laws of incorporation that can be found in this statute includes laws regarding the extent of personal liabilities of directors of a limited liability company.
All other options- zoning ordinances, county ordinances and code of Federal regulation- have nothing relevant to the laws of incorporation.
So Ellen Benson can find the laws of incorporation in her state statutes.
<span>This shows that the board has decided to re-invest the profits in the business instead of paying it to common shareholders. This is one of the drawbacks of owning common stock in comparison to preferred stock. Dividends and other company earnings are not always shared with the stockholder.</span>
