This topic contains a solution. Click here to go to the answer

Author Question: Which form of business organization is the least common in the United States? a. sole ... (Read 123 times)

abern

  • Hero Member
  • *****
  • Posts: 533
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
Answer to Question 1

B

Answer to Question 2

B




abern

  • Member
  • Posts: 533
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

For a complete list of videos, visit our video library