Author Question: _____ are legal and contractual mechanisms for creating and operating a business for profit, using ... (Read 53 times)

jilianpiloj

  • Hero Member
  • *****
  • Posts: 521
_____ are legal and contractual mechanisms for creating and operating a business for profit, using capital from investors that will be managed on their behalf by directors and officers.
 a. Sole proprietorships
  b. Partnerships
  c. Joint-ventures
  d. Corporations

Question 2

If I am paid a wage below my opportunity cost, I am being paid an efficiency wage.
  Indicate whether the statement is true or false



cascooper22

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

D

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

For a complete list of videos, visit our video library