This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which form of business organization is the least common in the United States? a. sole ... (Read 74 times)

abern

  • Hero Member
  • *****
  • Posts: 533
on: Jul 1, 2018
Which form of business organization is the least common in the United States?
 a. sole proprietorship
  b. partnership
  c. corporation
  d. nonprofit organization
  e. conglomerate

Question 2

Suppose you form a legal partnership with your best friend, and she purchases consulting services calling for a 100,000 fee. Your business is broke, and you never wanted the consultants to work for you -- only your partner did. For how much of this debt are you legally liable?
 a. none of it
  b. all of the 100,000
  c. the proportion reflected by the proportion of the business owned
  d. only an amount equal to the assets of the business
  e. 50,000


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

strudel15

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

B


abern

  • Member
  • Posts: 533
Reply 2 on: Jul 1, 2018
:D TYSM

bigcheese9

  • Member
  • Posts: 333
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Emphysema. (a) Illustration comparing normal lungs and emphysemic lungs. The inserts illustrate how Emphysema. (a) Illustration comparing normal lungs and emphysemic lungs. The inserts illustrate how
The mortality rate in the United States increases with age and is lower for women than men at every ... The mortality rate in the United States increases with age and is lower for women than men at every ...
Two models of sensory system organization: The former model was hierarchical, functionally ... Two models of sensory system organization: The former model was hierarchical, functionally ...
Common Abbreviations and Symbols Used by Massage Therapists Cont Common Abbreviations and Symbols Used by Massage Therapists Cont
Daily Calorie Intake from Sugar Drinks, United States, 2005–2008 Daily Calorie Intake from Sugar Drinks, United States, 2005–2008
Levels of Structural Organization & Body Systems Levels of Structural Organization & Body Systems
Video: Dorsal Recumbent Position

For a complete list of videos, visit our video library