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]
2 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]2 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
Denise Hunter had Thomasville brand living room furniture and wanted to buy a particular chair of the same brand. She made a few
miskamm [114]

Answer:

a specialty product

Explanation:

Based on the scenario being described within the question it can be said that For Denise, the chair can be categorized as being a specialty product. This is a product that very specific individuals will seek to purchase due to the product's unique characteristics or the individuals loyalty to a specific brand. Which is the case with Denise, since she is loyal to the brand and wanted a chair only from that specific brand.

7 0
2 years ago
Mrs. Smith operates a business in a competitive market. The current market price is $8.10. At her profit-maximizing level of pro
Luba_88 [7]

Answer:

Mrs Smith either shut down the business or invest in efficient equipements that lowers the total cost to below $7

Explanation:

The reason is that the you can not make profit if you product is sold in the market at a higher price than the competitor who offers the same product with the same features. So here, Smith can not make profits by selling the product at $8 because here total cost is $8.25 per unit.

So either she should invest in the business equipments which bring efficiencies and keeps the total costs to below $7 or she should shut down her business because the business is turned into loss making machine.

3 0
2 years ago
How many people are in the USA?
likoan [24]
Google the statistics
7 0
3 years ago
Read 2 more answers
The major advantage of debt financing is the: Group of answer choices number of different sources from which it is available amo
Eduardwww [97]

The major advantage of debt financing is the number of different sources from which it is available amortization benefits.

It is referred to as debt financing when a business takes out a loan that will be repaid with interest at a later time. A secured or unsecured loan could be used to finance it. To finance operating capital or an acquisition, a company will take out a loan.

A party, the debtor, is obligated by a debt to pay another person, the creditor, money or another agreed-upon value. In contrast to an immediate purchase, debt involves deferred payments or a series of payments.

Learn more about debt financing here brainly.com/question/26895906

#SPJ4

3 0
1 year ago
Jerry's job includes many credit activities. He is responsible for collecting and processing loan payments, answering questions
jonny [76]

Answer:

C. Processing loan payments

Explanation:

(ECOA )is an abbreviation of Equal Credit Opportunity Act. The law prohibits any form of credit discrimination to any applicant, be it racial, color, age, or any other.

Jerry's job description matches that of an offer working in a credit department. His duties revolve around assisting customers with loan applications and processing. His role is covered under ECOA. Jerry must give each applicant an equal opportunity to access credit.

4 0
3 years ago
Other questions:
  • George saves 18% of his total gross weekly earnings from his 2 part-time jobs. he earns $6.25 per hour from one part-time job an
    6·2 answers
  • Lohn Corporation is expected to pay the following dividends over the next four years: $18, $14, $13, and $7.50. Afterward, the c
    13·1 answer
  • After widespread press reports about the dangers of contracting "mad cow disease" by consuming beef from Canada, the likely econ
    10·2 answers
  • If short-run marginal cost and average variable cost curves for a competitive firm are given by SMC = 2 + 4Q, and AVC = 2 + 2Q,
    9·1 answer
  • Georgetown Public Media is trying to determine the optimum amount for its advertising budget. Calculating the marginal revenue o
    13·1 answer
  • Distinguish between the direct and indirect strategies. when is each appropriate.
    11·1 answer
  • Suppose a company earns a profit this year and has a dividend payout ratio of one half. What does this mean?
    6·1 answer
  • Help quick!
    8·2 answers
  • You want to have $3 million in real dollars in an account when you retire in 40 years. The nominal return on your investment is
    14·1 answer
  • The _________ method of determining an applicant's score is based on the expert judgment of the manager.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!