A person who is the exclusive owner of a business, entitled to keep all profits after tax has been paid but liable for all losses ; a sole trader.
Answer:
b. the U.S. price level to rise and real GDP to fall.
Explanation:
A recession can be regarded as macroeconomic term which is used to describe significant decline that occur in general economic activity within a designated region. It can be regarded as economic decline of two consecutive quarters which is been reflected by GDP along with some monthly indicators, this indicators could be a rise in unemployment.
For, instance Recessions in China and India would cause the U.S. price level to rise and real GDP to fall.
Answer:
There is no profit so they would be loosing money.
Explanation:
Answer:
b. Has unlimited liability for its partners.
Explanation:
Both partnerships and sole proprietorships are very common forms of business, are relatively easy to create, and they are both pass through entities, but they also have a commons disadvantage: their owners are personally for the business' obligations. That means taht if things go wrong, their owners will have to use their other personal assets to covers for any liabilities.
Transactional leadership
Real estate broker ReMax wants staff members to close deals. There can be no business without sales. To bring the parties together and resolve any disputes, agents are compensated with commissions that are typically 1.5–3 percent of the sales volume. This benefits both ReMax and the agents.
This is an illustration of transactional leadership.
With transactional leadership, sometimes referred to as managerial leadership, an executive uses rewards and penalties to ensure that his or her employees perform to their full potential. They instill such a strong sense of dedication in their followers that they are willing to take risks with their own health and safety in order to deliver the outcomes the leader demands.
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