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 79 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
Wow, this really help


xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

For a complete list of videos, visit our video library