1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Reika [66]
3 years ago
14

Ramsay, the ceo of a large corporation, was indicted for tax fraud. the government accused him of hiding a vast amount of the co

mpany's assets. however, he was found not guilty at trial. can the company still be liable for ramsay's conduct?
Business
1 answer:
Harlamova29_29 [7]3 years ago
4 0
In this type of situation, both Ramsay and the company will be investigated for the tax fraud case. Even if Ramsay was found not guilty, the company will still be investigated since the company is a separate entity and there is an alleged big amount hidden in company's assets. If the company is found guilty, it will still be liable for the case even if Ramsay was found not guilty. Most likely, the investigators will try to tie the case back to him anyway since he is one of the main representatives of the company. 
You might be interested in
Ryan and Carly are planning to enter into a limited partnership in which neither the general partners nor the limited partners h
Marianna [84]

According to their agreement, Ryan and Carly are forming a Limited Liability Partnership.

<h3>What is a limited liability partnership?</h3>

A limited liability partnership is a business structure that allows partners' liabilities to be limited to the amount they agreed to contribute to the partnership.

The purposes of establishing a partnership are:

  • Spreading the risk
  • Leveraging individual skills and expertise
  • Establishing a division of labor.

Thus, according to their agreement, Ryan and Carly are forming a Limited Liability Partnership.

Learn more about limited liability partnerships at brainly.com/question/25012970

#SPJ12

4 0
3 years ago
The most common economic system in the world is a?
djverab [1.8K]

The most common economic system in the world is a mixed economy. Mixed economies are combinations of market and command economies.

<h3>Further explanation </h3>

There are many economic systems such as traditional, command, market and mixed market. The most common economic system in the world is a mixed economy.

1. <u>The traditional system</u> is when people grow their own food and make their own goo, the economy rely on agriculture, fishing and hunting. Trading in traditional economic doesn't use money but barter. This system is no longer use.

2. <u>The command system</u> is when the government controls the economic activities. The government makes all economic decisions  including prices and production.

3. <u>The market system</u> is when the economy fully controlled by the power of demand and supply. The government has no right to impose regulations on the market such as wages and prices.

4. <u>A mixed economy</u> is when the government and private sectors both work together to sustain the economy. A mixed economy is a combination of command and market system .

<h3>Learn more </h3>

The goals of command and mixed market economies brainly.com/question/2816785

The most common economy system brainly.com/question/1250732

A transitional economy brainly.com/question/2861587

Keywords: mixed market, the most common economic system, a command system, a transitional economy

8 0
4 years ago
Read 2 more answers
Which statement describes an outcome of fiscal policy?
Olin [163]



4 0
3 years ago
Read 2 more answers
One way to segment markets for business customers is by industry type. This approach is attractive because of __________ which m
weeeeeb [17]

Answer:

NAICS Codes

Explanation:

One way to segment markets for business customers is by industry type. This approach is attractive because of NAICS codes which makes it cost effective to measure the number of potential customers in an industry. NAICS codes are the North American Industry Classification System which is mostly used to collect the most authentic data on the businesses in the US. It helps B2B organisations to attain the data quite easily which they can use further in order to locate their potential business consumers. This saves both their time and effort.

4 0
4 years ago
For each of the following indicate whether unemployment is cyclical, structural, seasonal, frictional (or if this is not unemplo
jeka94

Answer:

Frictional

Not Unemployment

Structural,

Explanation:

Unemployment can be defined as members of the labour force that do not have a job but are actively seeking employment

Types of unemployment

structural unemployment is an unemployment that occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition. Structural unemployment tends to be permanent.  Ned is structurally unemployed due to changes in his industry

Frictional unemployment:  the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Eg. The period from when graduates till when he gets a job, he is frictionally unemployed

Cyclical unemployment: it occurs as a result of fluctuations in the economy. Unemployment would be high in a downturn and low in a boom  

Jane is not unemployed because she is not seeking employment

3 0
3 years ago
Other questions:
  • Because of uncertainty about future inflation, the union devotes a large quantity of resources to monitoring inflation indicator
    14·1 answer
  • After jeremy has made his sales presentation and answered the prospect's objections, he says, "when would you like to take deliv
    7·1 answer
  • A method of allocating merchandise cost that assigns the most recent purchased costs to the ending inventory shown on the balanc
    6·1 answer
  • Which of the following situations could cause a budget deficit for the federal government?
    5·2 answers
  • initially, only a and b are present, each at 2.00 m. what is the final concentration of a once equilibrium is reached?
    15·1 answer
  • I need them both awnsered loL
    6·1 answer
  • What is a common misconception about Agile and DevOps?
    14·1 answer
  • Receive cash from customers, $15,000. Pay cash for employee salaries, $9,000. Pay cash for rent, $3,000. Receive cash from sale
    6·1 answer
  • In the last few decades the car manufacturing sector has found it difficult to compete with foreign car imports. High labor cost
    11·1 answer
  • Rents of $750.00 per month on each unit of a 4-plex are current. for an october 16th closing, the rent proration on the settleme
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!