Answer:
An s corporation or a limited liability company, but not a corporation.
Explanation:
The correct answer should be D
Answer:
price fixing agreement
Explanation: Price fixing is an agreement (written, verbal) among competitors to sell a product, service, or commodity only at a fixed price. These competitors who agree to this agreement are responsible for raising, lowering, or stabilizing prices according to their competitive terms. Generally, consumers make choices to what products and services to buy, and they expect that the price should be determined freely on the basis of supply and demand, not by an agreement among competitors. in this type of case, prices tend to be higher which is a major concern for the consumers.
Answer:
The correct answer is: more than.
Explanation:
Economic profits calculation includes both implict and explicit costs. While implicit costs is not included in calculating accounting profits.
Since calculating accounting profits, the opportunity cost of capital is not included as a cost, that is why accounting profits is often higher than economic profits.
Accounting profits overstate profits.
The land bought by Widget Corporation is owned by joint tenancy.
<h3>What is joint tenancy?</h3>
Joint tenancy is a situation whereby properties are owned by two or more people, who have same rights and obligations. This means that each of the parties to the joint tenancy owns equal share of the entire property.
The above means that upon the demise of any of the tenant, the other surviving tenant has the right of the property.
Hence, the land bought by Widget Corporation is owned by joint tenancy.
Learn more about joint tenancy here : brainly.com/question/25787743