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Maru [420]
3 years ago
10

William and Theodore have decided to start a travel business called Excellent Adventures. Since their business primarily involve

s time-travel their clients may be harmed during a small but significant portion of the travels. Consequently, William and Theodore would like a business form that will shield both of their personal wealth from any legal claims that the firm might be subject to after one of the travel mishaps. If William and Theodore are the only investors in this U.S. domiciled firm, which legal form of organization would be best for Excellent Adventures to protect both William and Theodore
Business
1 answer:
Setler79 [48]3 years ago
3 0

Answer:

Hence the answer is a corporation.

Explanation:

William and Theodore have decided to start a travel business called Excellent Adventures. Since their business primarily involves time travel their clients may be harmed during a small but significant portion of the travels. Consequently, William and Theodore would like a business form that will shield both of their personal wealth from any legal claims that the firm might be subject to after one of the travel mishaps. If William and Theodore are the only investors in this U.S. domiciled firm, which legal form of organization would be best for Excellent Adventures to protect both William and Theodore as a corporation.

A corporation may be a large company or group of companies authorized to act as one entity and recognized intrinsically in law

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3 years ago
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A fleet of refrigerated delivery trucks is acquired on January 5, 2017, at a cost of $900,000 with an estimated useful life of 1
gavmur [86]

Answer:

depreciation expense 2017 = $180,000

depreciation expense 2018 = $144,000

depreciation expense 2019 = $115,200

Explanation:

purchase cost $900,000

estimated useful life 10 years

depreciation expense using double declining method = 2 x regular straight method depreciation rate x purchase cost

depreciation expense 2017 = 2 x 1/10 x $900,000 = $180,000

depreciation expense 2018 = 2 x 1/10 x $720,000 = $144,000

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8 0
4 years ago
Pallet Enterprise magazine is a business publication aimed at people who are in the pallet and container industries. It is only
horrorfan [7]

Answer:

Paid circulation

Explanation:

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For pallet enterprise magazine, it is available through subscriptions and that no persons without subscription can have access to the magazine except through another individual that receives the magazine.

Cheers.

3 0
3 years ago
12. Why did Native Americans work to expand their rights?<br>​
blsea [12.9K]

I agree with the first person

5 0
3 years ago
If the market price is $6.30, in the long run, Group of answer choices new firms will enter the market. existing firms will exit
Rufina [12.5K]

Answer:

Option D. Not enough information to answer this question.

Explanation:

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So merely a price doesn't decides that we going to enter the market or we are leaving the market. Their are chances that we can control the cost of that the competitor starts selling the product at cost which will have harmful impact.

So the information provided to answer this question is not enough.

6 0
3 years ago
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