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monitta
3 years ago
7

Organizing as a corporation makes it easier for the firm to raise capital. This is because corporations' stock-holders are not s

ubject to personal liabilities if the firm goes bankrupt and also because it is easier to transfer shares of stock than partnership interests.A) True B) False
Business
1 answer:
My name is Ann [436]3 years ago
3 0

Answer:

A) True

Explanation:

Organizing a partnership has several advantages; it is much faster, simpler and easy, start up costs are very low, etc.

But it has one huge disadvantage over a corporation, the partners are completely liable for the partnership's debts and obligations. That means that if the partnership goes bankrupt, the partners must pay all the debts and obligations. While a corporation's stockholders are only liable for the amount they invested in stock, i.e. you buy $10,000 in stock, then all you can lose is $10,000.

Also a corporations stocks are easily traded while a it is very complicated to transfer partnerships' rights.

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Purpose of a bank reconciliation statement.
A bank reconciliation statement is used to compare your record to those of your bank to see if there is difference between the two sets of records. The ending balance of your version of cash records is known as the book balance while the bank`s version is known as bank balance. It is common for there to be a difference in the two balances. The results to the differences might be due to overdrawn bank account, bounced checks and overdraft fees. It is important for you to check the difference because there might be substantial variance between the amount you think you have and that the bank thinks you have. In some cases the bank may even elect to close down your account. 
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3 years ago
The diffusion of innovation refers to the rate at which consumers ______ a given product or service.
Yuri [45]

Answer:

adopt

Explanation:

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2 years ago
Severance pay plans grant employees weekly benefits in addition to state unemployment compensation. True
Yanka [14]

Answer:

False

Explanation:

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3 years ago
What is a trade off?
gizmo_the_mogwai [7]

a balance achieved between two desirable but incompatible features; a compromise.

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3 years ago
The general investment strategy based on a goal of acquiring existing, seasoned, relatively low-risk properties that are at leas
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<h3 /><h3>What is a Core strategy?</h3>

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Visioning, goal-setting, resource allotment, and prioritization are the four most commonly acknowledged fundamentals of business strategy.

It communicates to your team if your focus has been on performance or results and makes it clear to potential consumers what market segment you service and what distinguishes your company strategy from the competition.

Investigate various products or services, look into demographics, and investigate your rivals.

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Learn more about Core strategy, here

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1 year ago
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