An increasingly important advantage of the limited liability company is that its members are "able to deduct its operating losses against the member's regular revenue to the extent permitted by law".
<h3>
What do you mean by limited liability company?</h3>
A Limited Liability Company (LLC) is refers to as a type of organization in which the members of that company is not liable for the losses occur in the business. The duties and responsibilities regarding losses are restricted here.
Adding to it, that means if the company fails to pay off its losses or debts to creditors, the personal assets of the members will not be added while paying the debt.
It is an enterprise structure that is the combination of the pass-thru taxation that is related to a partnership or sole proprietorship along with the rules of the company.
The main advantage of this type of company is that the members of that LLC can reduce their all operating losses like travelling, insurance, office supplies, payroll etc.
Moreover, the other benefits of Limited liability company include that this is more flexible than the other corporations and it provides different rights, classes and preferences to their members or managers.
Learn more about limited liability company, refer to the link:
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Answer:
a. organization
Explanation:
There are basic five principal of Management:
- Planning
- Organization.
- Controlling
- leading
- Staffing
These basic five principal make an average manager to a successful manager.
Planning in management play a vital role as it is about choosing the right process and active objective of organization.
Organization is about structuring of resources and managing relationship with worker to acchieve organization´s goal.
Leading is about inspiring and motivating others in the organization to make vision of organization realistic and achievable.
Staffing is about recuiting and allocating right person at a right job.
Controlling is about evaluating the process and goal of organization.
Answer:A. The lack of incentive voters have to become well-informed about candidates and issues because their vote is unlikely to affect the outcome of an election.
Explanation: Rational ignorance is a term used to describe the intentional decline or refusal by a person or group of persons to gain certain knowledge,mainly after considering the cost and benefits attached to gaining that knowledge.
When people choose not to learn a particular trade,subject etc after comparing the costs to the potential gains.
RATIONAL IGNORANCE IS ALSO CONCERNED WITH THE DECISION OF VOTERS WHEN MAKING CHOICE OF NOT PARTAKING IN AN ELECTION BECAUSE THEY BELIEVE THAT THEIR VOTES DO NOT COUNT OR HAVE EFFECTS ON THE FINAL OUTCOMES ETC.
Answer:
c. Record no revaluations, bonus, or goodwill
Explanation:
As new incoming partner is giving more than the investment required it means there is some goodwill or revaluations or bonus involved which requires to be treated in the books otherwise it will be assumed that accounts are not properly reported and capital accounts will not be justified. Third option says no revaluations, bonus or goodwill will be recorded which is wrong.
The answer is <span>Conflict theorist
</span><span>Conflict theorist Claims that every members in society will have to experiences continous conflict toward one another because of the competition to obtain limited amount of resources.
They tend to see that the majority of members in society will always be dominated/controlled by smaller amount of people that control the largest amount of resources.</span>
