Answer:
Grace is incorrect because of the veil and alter ego theory
Explanation:
In this scenario Grace formed a corporation along with her three friends. As a result of catering services offered guest became ill and sued Grace and the other owners for damages.
According to the alter egos theory personal liability can be invoked on the owners of a corporation or its limited liability members.
Alter ego theory is used to penetrate the corporate veil that protects shareholders. Personal liability can be assigned on the business owner as it is in this case against Grace and the other owners.
Answer:
Explanation:
- mutually exclusive (ME): If one event occur the other doesn't
- collectively exhaustive (CE): one of the events must occur
a. Undergraduate business students were asked whether they were sophomores or juniors: ME
b. Each respondent was classified by the type of car he or she drives: sedan, SUV, American, European, Asian, or none. ME - CE
c. people were asked, "Do you currently live in (i) an apartment or (ii) a house?": ME
d. A product was classified as defective or not defective: ME - CE
Answer:
The annual salary for each of these offers is probably:
lowest at the high school
in the middle at the bank
highest at the investment firm.
Answer:
The answers are:
- a demand curve
- a demand schedule
Explanation:
A demand curve is a graph showing the relationship between the price of a product, e.g. TV, on the y axis, and the quantity demanded for that product at a certain price (on the x axis). It models the price-quantity demanded for a particular market.
A demand schedule illustrates the same price-quantity demanded relationship for a product as a demand curve, only that it is presented as a table chart instead of a graphic curve.
