This relates to liability of business owners. When a company has unlimited liability and starts losing money, the owners can be personally liable for losses meaning their home and personal assets could be lost. Limited liability means they can only lose the amount that they invested in the company and none of their personal assets.
Answer:
Why has the provider of choice shifted from rail to motor modes?
When companies change their modus operandi, it is usually to minimize cost and maximize profit. This provider of choice therefore has probably determined that motor modes were more cost effective for the services it offers vs using trains and rail modes for transport and has now made the appropriate switch.
With the shift to motor freight carriers, the amount of traffic accidents have sky rocketed.
With the provider of choice now using motor modes as opposed to rail, there is bound to be more vehicles on the road now from motor bikes all the way to trucks and with an increase in the number of vehicles available, there is bound to be an increase in accidents involving vehicles.
Products that have revisions that take more than 1 year can not be revised until the following year. Thus, the statement is true.
<h3>What is a product?</h3>
A product is referred to as a finished item that is ready for sale in the market to serve the customers. These products are tangible in nature so that people can see, touch and use them.
Product revision has been referring to making any modifications or changes to the current product. These product revision has been done when customers are not satisfied with the quality or packaging of the product.
When the product is revised with a time duration of 3 months then this will be considered efficient whereas if takes time of more than a year, it will be considered a product failure.
The revision should not cause delay because there are many competitors available in the market to capture the target audience of your business.
Learn more about the Product, here:
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The risk of default is measured by bond ratings, with the
higher the rating the lower the risk of default, so The higher the rating, the
lower the interest rate an investor will receive and the lower the risk that
the issuer of the bond will default.
Answer:
The answer is: D) 7 percent
Explanation:
Real interest rates are nominal interest rates discounted by inflation. To calculate them we just simply deduct inflation from nominal interest rate: Nominal interest rates - inflation rate = real interest rate.
For this case the nominal interest rate = real interest rate + inflation rate = 5% + 2% = 7%