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
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

You might be interested in
What is a rental inventory and why is it a good idea to have one?
bearhunter [10]

A rental inventory is basically like people rent you things. Cars, and lots of stuff. its a good idea to have a rental inventory because you can rent people things in a business.

3 0
3 years ago
1. "If bonds of different maturities are close substitutes, their interest rates are more likely to move together." Is this stat
Alecsey [184]

Answer:True

Explanation:

A bond is a debt Security issued either by large companies or Governments in order to raise money for capital projects. A Bond usually have maturity date(the date at which the bond will yield it interest or profit).

WHEN BONDS OF DIFFERENT MATURITIES ARE CLOSE SUBSTITUTES, WHEN THE INTEREST RATE OF ONE OF THE BONDS INCREASE,THE INTEREST RATE OF ITS CLOSE SUBSTITUTES WILL INCREASE BECAUSE THE EXPECTED RETURNS OF BOTH ARE NOT EXPECTED TO BE OUT OF THE NORMAL.

5 0
3 years ago
Mcdonald's sells tacos for breakfast in arizona because its marketers have identified a _____ segment.
Gwar [14]
Identified a Geographic segment
4 0
3 years ago
Read 2 more answers
The top managers of Promedium Inc. are creating a master budget for the company. They require a statement of the budget goals fr
Anettt [7]

Answer:

The correct answer is budget slack.

Explanation:

Budget slack occurs in a company when one or more people with budgetary responsibility create a budget that overestimates expenses and / or underestimates projected income or income.

Intentional budget slack can occur because a manager feels under the weapon to "make their numbers", often in response to previous quarters where revenues fell below projections and, more importantly, did not meet expectations of the owners or shareholders.

4 0
3 years ago
Rossiter Restaurants is analyzing a project that requires $180,000 of fixed assets. When the project ends, those assets are expe
Korolek [52]

Answer:

We consider the salvage value as an income at the last moment.

Explanation:

The salvage value is the money we can when we sell the fixed assets we use in project.  

When we compute the net present value ,  we consider the salvage value as an income in the last moment.  We have to consider the time of the project to bring it at the actual moment. If the rate of discount is different to 0,  the actual value of salvage value ,  will always be smaller that the $45,000

4 0
3 years ago
Other questions:
  • What must be on board and available for inspection by enforcement officers whenever a vessel is being operated?
    10·1 answer
  • A friend comes to you and asks you to invest in his business instead of investing in Treasury bonds. You think he has a good bus
    9·1 answer
  • An investment adviser has placed an order with the underwriter for 250,000 shares of XYZ stock, a new company that will be liste
    14·1 answer
  • Which department manages the process of converting or transforming resources into goods or services?
    13·1 answer
  • O’Hara Associates sells golf clubs, and with each sale of a full set of clubs provides complementary club-fitting services. A fu
    11·1 answer
  • Holding all other things constant, an increase in the company's required return on investment (ROI) will affect:
    10·1 answer
  • Which of the following types of insurance allows individuals to keep a former employer's group coverage for a set period of time
    15·1 answer
  • You are choosing the color scheme for a Web page. Which color is considered the color of extremes and is used to capture attenti
    10·2 answers
  • On the balance sheet, if ending inventory is overstated, then total assets will be __________ and stockholders' equity will be _
    7·1 answer
  • An organization that has all its people in one location is typically ________ than an organization that is dispersed around the
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!