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
arsen [322]
2 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]2 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.

You might be interested in
Burglar Bob breaks into Vince Victim’s house. Bob steals a flat-screen television and laptop and does a significant amount of da
SVEN [57.7K]

Answer:

The answers are:

  1. Vince Victim´s lawyer
  2. Burglar Bob will have to pay a monetary compensation.
  3. The District Attorney
  4. Burglar Bob will have to spend some time in jail.

Explanation:

Vince Victim´s lawyer is responsible for bringing the civil case against Burglar Bob. If Vince wins, then Burglar Bob will probably have to pay a certain amount of money to Vince Victim in compensation for the damages he caused.

The District Attorney´s office is responsible for bringing the criminal case against Burglar Bob. If the jury finds Burglar Bob guilty then he will probably spend some time in jail.  

5 0
3 years ago
In​ 2015, the Washington Nationals baseball team signed pitcher Max Scherzer to a contract to play for them for seven years. He
Salsk061 [2.6K]

Answer: D. The actual value of the contract is less than $30 million for each year he plays.

Explanation:

Given that Mark sherzer will be paid $15 million per year for 14 years reflects a contract whose value at the time of signing is ($15 million × 14) = $210 million. However, the payment would not be paid at the of signing but spread over a period of 14 years with $15 million being splashed out annually. However, considering the time value of money, whereby the present value of a fixed amount decreases with time. Hence in actual sense, the $210 million face worth of the contract will actually be less than $30 million [$210/7(playing years)] as time progresses on the fixed amount paid yearly due to reduction in the value of the present value as time progresses.

7 0
2 years ago
cientists have developed a bacteria that they believe will lower the freezing point of agricultural products. This innovation co
alex41 [277]

Answer:

equilibrium price would fall and equilibrium quantity would increase

Explanation:

The discovery would reduce the amount of crops now lost to frost damage and increase the supply of crops e.g. potato.

As a result of the increase in supply, there would be an excess of supply over demand equilibrium price would fall and quantity would increase

Please check the attached image for a graph showing increase in supply

5 0
3 years ago
Leiff goes online to buy a new video game. He finds a site that currently has a promotion of 15% off on all orders over $50. Lei
rjkz [21]

Answer:

......................

Explanation:

4 0
3 years ago
Read 2 more answers
A formula that calculates the total dollar value of all goods and services produced in a nation and all the goods and services p
Lina20 [59]

Answer:

Gross National Product (GNP)

Explanation:

According to Investopedia, "the Gross National Product is the value of a nation's finished domestic goods and services during a specific time period".

*Note that the GNP should NOT be confused with the GDP (Gross Domestic Product). The GDP only accounts for the value of goods and services produced within a nation's borders, while the GNP also adds the value of services produced by that country's employees and companies in other nations.

7 0
3 years ago
Other questions:
  • Jose rents office space for $20,000 per year. He uses the office to fill out tax returns for 1<000 clients per year. If the o
    11·1 answer
  • Why are closing costs a one time fee?
    15·1 answer
  • A new client in the medical–surgical unit complains of difficulty sleeping and is scheduled for an exploratory laparotomy in the
    9·1 answer
  • A newspaper article announced that Connect Wireless, the sixth-largest wireless carrier in a country, was changing its name to M
    5·1 answer
  • Croulene Corp, an American company, starts its operations in China. Croulene has an inherent disadvantage in China because of it
    12·1 answer
  • As part of the agency relationship, you have to keep everything that the buyer discloses to you private. This includes any infor
    14·1 answer
  • Consider the following production and cost data for two products, L and C: Product L Product C Contribution margin per unit $ 12
    10·1 answer
  • Lacrue Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing o
    8·1 answer
  • When we put a price tag on goods and services, we are using money as a Group of answer choices store of value. barter token. mea
    15·1 answer
  • insurance companies expend a lot of effort marketing their offerings, mainly due to the fact that insurance is a(n) ________blan
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!