D. Price ceiling
This is a government regulation that establishes a maximum price for a specific thing.
Answer: business to consumer
Explanation:
E-commerce simply means buying of goods and services online through the internet. Since it's a digitalized world now, this is common.
In the business to consumer form of e-commerce, firms want to develop buyer loyalty and repeat business but seldom develop a close working relationship with individual buyers.
Answer:
OB. the owner owns only some of the units
Explanation:
A franchise is a business model where a franchisee acquires a license from the franchisor to operate a similar business to the franchisor. The franchisor owns the popular business and authorities the franchisee to establish an independent but outlet. The franchisee acquires rights to the business name, products, services, logo, brand name, and systems from the franchisor.
A franchisee business operates as a branch of the franchisor business. The only difference is that a franchisee is owned and managed by an independent investor. In the chain store, all the branches are owned by the same entity or investor. The franchisor does not own all the outlets that operate with his brand name.
Answer:
Debit Cash Account $370,000
Credit Common Stock Account $37,000
Credit Share Premium Account $333,000
Explanation:
Given a par value of $1, and an issue price of $10, the shares were issued at a premium of (10 - 1 = ) $9.
Therefore, the journal entry are as follows.
Debit Cash Account (37,000 * $10) = $370,000
Credit Common Stock Account (37,000 * $1) = $37,000
Credit Share Premium Account (37,000 * $9) = $333,000.
