You become broke cause you don't pay your bills on time or car notes that's why the economy is failing
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The type of business that is a special type of license agreement is a partnership, as there is a legal written agreement between two parties, that grants the right to use trademarks and patents.
A partnership is a business that is shared by two or more entities, where the parties share legal and financial responsibility through a legal agreement.
Partnerships are more effective for businesses operating in the same sector, for the partnership to be more aligned with the business and increase the companies' positioning in the market.
Therefore, in a partnership, the parties involved will specify through a license agreement the distribution of property, profits and losses, responsibilities and their commercial relationship.
The correct alternative is letter A.
Find out more about partnership here:
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I would say the answer is D. I’m not 100% sure but that seems to make the most sense.
In this instance, Xavier and Shawn are general partners. In this arrangement, all partners are equally responsible for the business, meaning they are both liable for any financial loss. LLC would protect their personal assets from this type of claim. Obviously, this isn't a sole proprietorship because there is more than one owner.
CONSUMPTION FUNCTION:
It is the relationship between consumption expenditure and the level of disposable income.
C = f (Yd) , where
C represents the consumption expenditure
Yd represents disposable income
It shows how a change in income influences the consumption pattern
SAVING FUNCTION:
It is the relationship between savings and the level of disposable income
S = -S(bar) + sYd
where
S(bar) is autonomous saving
s represents marginal propensity to save
Yd represents disposable income
it shows how change in income influences savings
