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kolbaska11 [484]

2 years ago

5

Create a monthly budget for yourself using the steps discussed in the unit. If you don't wish to discuss your financial situatio

n, you can create a budget based on an average individual your age.

1 answer:

Mrac [35]2 years ago

5 0

What is being discussed in the unit

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Max chose to operate his production studio as a sole proprietorship even though his attorney cautioned that he was:____________

sergij07 [2.7K]

Answer:

<u>c. exposing himself to unlimited personal liability.</u>

Explanation:

One major characteristic of sole proprietorship being the individual is sole recipient of profits and sole bearer of all risks and liabilities.

A sole proprietor bears unlimited liability in the sense that, in case of bankruptcy, the proprietor's personal assets can be taken away to repay debts owed by him.

Though a proprietor also remains the sole recipient of all gains, similarly the proprietor is also exposed to unlimited risk.

Thus, the correct option is, c. exposing himself to unlimited personal liability .

8 0

3 years ago

The Consumer Price Index is a way that the U.S. government measures ____.

Ludmilka [50]

Answer:

prices of all goods and services bought by US households

Explanation:

3 0

3 years ago

A(n) ________ is defined as a tangible good, service, idea, or some combination of these that satisfies consumer or business cus

lana66690 [7]

A <u><em>product </em></u>is defined as tangible goods, services, ideas, or some combination of that satisfies the consumer.

Tangible good:

Tangible goods are any items that can be physically touched, moved, seen, weighed, measured, or picked up. A car, printed book, clothing, tools, flowers, furniture, or DVDs are just a few of many examples of tangible goods.

Intangible or Abstract goods;

An intangible good is claimed to be a type of good that does not have a physical nature, as opposed to a physical good (an object). Digital goods such as downloadable music, mobile apps, or virtual goods used in virtual economies are proposed to be examples of intangible goods.

For more questions like Tangible products visit the link below:

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3 0

1 year ago

Janie has a joint account with her mother with a balance of $562,000. Based on $250,000 of Federal Deposit Insurance Corporation

vaieri [72.5K]

Answer:

$31,000

Explanation:

Given:

Janie holds joint account with her mother that has a balance of $562,000. They are covered up to $250,000 each under Federal Deposit Insurance Corporation.

It is assumed by FDIC that all co-owners' shares are equal.

So, Janie's share in the balance = 562,000 ÷ 2

= $281,000

Amount insured = $250,000

Uninsured amount = 281,000 - 250,000

= $31,000

Therefore, Janie's savings worth $31,000 will not be covered by deposit insurance.

4 0

3 years ago

Milo Millworks Incorporated has maintained a sustainable competitive advantage for its framing style. In order to accomplish thi

photoshop1234 [79]

In order to accomplish this, the framing style must be difficult to substitute for.

<h3>What is Competitive advantage?</h3>

Competitive advantage can be defined as the way in which a company produce or manufacture more goods or product and sell those goods produce at lesser rate so as to increase their sales than that of their market competitors.

Based on the scenario in order for Milo Millworks to accomplish the competitive advantage for their framing style, the framing style must be difficult to substitute for.

Therefore the framing style must be difficult to substitute for.

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3 0

1 year ago