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

Author Question: Mary has developed a diet pill for obesity. She wants to create a new company with a major drug ... (Read 82 times)

Marty

  • Hero Member
  • *****
  • Posts: 553
Mary has developed a diet pill for obesity. She wants to create a new company with a major drug company. She is concerned about liability if someone becomes sick or dies after using the diet pill.
 
  What is the best form of business organization for the new company?
  A) A sole proprietorship
  B) General partnership with Mary and the drug company as equal partners
  C) S-type corporation with Mary and the drug company owning equal shares
  D) Limited liability company with Mary and the drug company owning equal s hares

Question 2

Auto loan payments are an example of an inflexible expense.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

abctaiwan

  • Sr. Member
  • ****
  • Posts: 355
Answer to Question 1

D

Answer to Question 2

TRUE




Marty

  • Member
  • Posts: 553
Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review


lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

 

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

For a complete list of videos, visit our video library