____________ are people who buy shares of ownership in corporations.

Which of the following statements is correct about the requirements of an LLP?

Ber [7]

Answer:

The correct answer is letter "B": The business name must include the phrase Limited Liability Partnership or an abbreviation of the phrase, and the parties must file a form with the secretary of the state.

Explanation:

A Limited Liability Partnership or LLP is the type of business structure where partners are only liable for what they contribute to the firm. This implies if the firm goes into bankruptcy, the personal assets of the partners are not subject to liability. Under this type of partnership, the business name must include at least its abbreviation (LLP) and when setting up the firm, a letter to the secretary of state must be addressed informing about the creation of the new entity and its core purposes.

8 0

3 years ago

6. Which of the following describes a non-employee business? (1 point)

Nesterboy [21]

Answer:

a manicurist who works from her home or at clients’ houses

Explanation:

7 0

3 years ago

What challenges do you expect to arise from living and working in a complex urban environment? how will you meet them? (300 word

emmasim [6.3K]

A complex urban environment poses a lot of challenges for individuals living in there. An urban setting usually is home to a lot of economic activities and brings about a lot of equations to solve. You'll have to deal with traffic congestion, pollution, criminality, etc. The best way to deal with all the challenges is to get to know the setting well to adapt your lifestyle accordingly. You may want to get a job near your place or home work. That will save you time, money, as well energy you need everyday. You may also want to live where the industrial activity is lowest to avoid air pollution and any related pollution type. As for safety, make sure you behave in a cautious manner and get along with people well. The bottom line is you'll need to have a thorough knowledge of the environment to be able to cope effectively in there.

6 0

3 years ago

Brief Exercise 24-2 Hsung Company accumulates the following data concerning a proposed capital investment: cash cost $216,758, n

Tanzania [10]

Answer:

Net Present Value = $12,400

Since net present value is positive, the investment shall be made.

Explanation:

Capital outlay = $216,758

Cash inflow every year = $43,900

Period = 10 Years

Net Present Value = Present value of cash inflow - Present value of cash outflow

Present Value of Cash Inflow = Cash inflow each year X Present value factor of cash inflows for years

= $43,900 X 5.22

= $229,158

Present value of cash outflow = $216,758

Net Present Value = $229,158 - $216,758 = $12,400

Since net present value is positive, the investment shall be made.

Net Present Value measures the net effect of an investment discounted at current rate of interest, i.e. cost of capital.

Final Answer

Net Present Value = $12,400

Since net present value is positive, the investment shall be made.

3 0

4 years ago

one of the most significant principles of business is that the primary objective of the executive management of a corporate enti

zmey [24]

Economic dimension is the most significant principles of business

The economic component deals with all of the event firm's and the specific event's economic outputs and externalities. Event researchers are very interested in measuring values that vary from the simpler indirect benefits to the more difficult direct economic repercussions on the host community and the global economy. In the Baseline Evaluation, the organizational processes that have an impact on these values are examined.

Direct effects include observable values like money made from tourism revenues and employment created by the event's organizer. The necessity for a research-based approach to event evaluation is supported by the frequently contested nature of indirect impacts. Measurements of the catalytic or multiplier effects pertinent to the larger region hosting an event are among them.

To know more about Economic dimension refer to brainly.com/question/11008073

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3 0

2 years ago