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Lubov Fominskaja [6]
3 years ago
9

Jack Smith and four other people own Persimmon Hill Farm, an agric-entertainment farm which provides corn mazes, bonfires, hay r

ides, and food treats to paying visitors. All of the owners have limited financial risk. Persimmon Hill Farm is a(n)_____________.
Business
2 answers:
Stolb23 [73]3 years ago
7 0

Answer:Corperation

Explanation: A corporation is an organization usually a group of people or a company authorized by the state to act as a single entity and recognized as such in law for certain purposes. Early incorporated entities were established by charter. Most jurisdictions now allow the creation of new corporations through registration.

sineoko [7]3 years ago
4 0

Answer:

The correct answer is letter "C": corporation.

Explanation:

Corporations are considered to be separate legal entities from their owners according to law. That means corporations themselves are legally liable for their actions and debts, not the owners. If a corporation falls into debts, then creditors have claims against the corporation's assets, not the owners' personal assets.

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<u>Transaction - processing systems</u>

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For simplicity, since record-keeping, simple clerical operations, and inventory control are all related to transactions, then transaction-processing systems refer to systems that ensure that such transactions are successfully carried out.

For example, online retail outlets use transaction-processing systems to control inventory, as this system is responsible for noting every successful order of their listing page.

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The banking system in the united states is referred to as a fractional reserve banking system because?
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The banking system in the United States is referred to as a fractional reserve bank system because banks hold a fraction of deposits on reserve.

The Reserve bank of India chiefly referred to as RBI is India's valuable financial institution and regulatory frame chargeable for the regulation of the Indian banking gadget. It is below the possession of the Ministry of Finance, authorities of India. It's miles chargeable for the manipulation, difficulty, and maintaining delivery of the Indian rupee.

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The Federal Reserve Banks are installed like private corporations. Member banks keep stock inside the Federal Reserve Banks and earn dividends.

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1 year ago
The establishment clause of the First Amendment is concerned with _____.
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Bob is a manager at a local toyota dealership who has lost five of his employees during the last year. now he has to make a deci
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