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arsen [322]
3 years ago
12

Joe and Mark would like to start a new business selling a product new to the U.S., the Peraves Monotracer. This is a motorcycle-

type vehicle that is encased in a sort of shell, so that the rider can ride this product in any kind of weather. Joe and Mark have done a considerable amount of research on this product, and think it would be successful in the U.S. However, they are still concerned about the risk of a new venture and both would like to avoid losing any personal assets. They should organize their firm as a: Multiple Choice general partnership. limited partnership. corporation. sole proprietorship.
Business
1 answer:
katrin [286]3 years ago
8 0

Answer:

corporation

Explanation:

A corporation refers to an organization that is governed by a single entity. The responsibilities of the individuals are levied on the corporations. In corporations, a group of people act collectively. The group of shareholders represent the common goal in an organization.  

According to the given expert, Joe and Mark should organize their firm as a corporation. This would help them not to loose any of their personal asset.

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A pharmaceutical research firm prohibits the employees who leave the firm from soliciting business from former customers or clie
gavmur [86]

Answer:

Non-piracy.

Explanation:

If a pharmaceutical research firm prohibits the employees who leave the firm from soliciting business from former customers or clients for a period of two years. This best exemplifies the non-piracy clause.

A non-piracy clause is a legal framework which provides protection for companies from an ex employee who has left. This clause states that ex employees are prohibited from soliciting business from former customers or clients either directly or indirectly for a period of two years.

<em>For instance, if Joyce works for XYZ pharmaceutical company that uses a non-piracy clause and later dropped a resignation letter or was laid off for a disciplinary action, she's prohibited from taking contracts from XYZ' customers for a period of two (2) years. </em>

8 0
4 years ago
If real economic growth is 3%, the inflation rate is 5%, and the nominal interest rate is 7%, then the real rate of interest is:
Elanso [62]

Based on the information given  the real rate of interest is:2%.

<h3>Real rate of interest</h3>

Using this formula

Real rate of interest=Nominal interest rate-Inflation rate-

Where:

Inflation rate=5%

Nominal interest rate=7%

Let plug in the formula

Real rate of interest=7%-5%

Real rate of interest=2%

Inconclusion the real rate of interest is:2%.

Learn more about real rate of interest here:brainly.com/question/25877453

3 0
2 years ago
Economically valuable materials such as diamonds, tin, and platinum are associated with which ocean floor resource?
solmaris [256]
<span>Economically valuable materials such as diamonds, tin, and platinum are associated with sand and gravel.
There is no way that oil and natural gas, evaporative salts, and manganese nodules affect the creation of diamonds, platinum and tin, whereas sand and gravel do. The formation of sand and gravel is quite important for the "birth" of these materials, given that they need suitable conditions to form.
</span>
3 0
4 years ago
Read 2 more answers
On October 1, 2021, Sonoma Company leased equipment from Napa Inc. in lease payable in five equal annual payments of $540,000, b
Anestetic [448]

Answer:

$1,995,786

Explanation:

Calculation to determine what The right-of-use asset would be recorded at:

Using this formula

Right-of-use asset=Annual payments*PV ordinary annuity

Where,

Annual payments=$540,000

PV ordinary annuity of $1: n = 5; i = 11%=3.69590

Let plug in the formula

Right-of-use asset= $540,000 × 3.69590

Right-of-use asset = $1,995,786

Therefore The right-of-use asset would be recorded at:$1,995,786

6 0
3 years ago
Every morning before the start of the​ shift, tom and his automotive service team at a large auto dealership have a​ five-minute
Furkat [3]
I might call this a 'bumper' or 'fender' meeting and by comparison, in mining or mineral exploration it often is centred on safety ie expected safety hazards and what precautions to take but could also be very helpful for a rough overview of the overall work for the day,
8 0
3 years ago
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