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

Author Question: BJ's is a membership-only retail chain offering bulk groceries, electronics and other products in a ... (Read 306 times)

Themember4

  • Hero Member
  • *****
  • Posts: 538
BJ's is a membership-only retail chain offering bulk groceries, electronics and other products in a no-frills format. Based on this information, BJ's would likely be categorized as a:
 A) convenience store.
  B) category killer.
  C) department store.
  D) warehouse club.
  E) specialty store.

Question 2

Three college graduates want to start an auto shop. Two of the partners will do most of the work, so they plan to share, receiving 40 of the profits each. The remaining partner will get 20 of the profits. Because working with other people's cars can create liabilities, they want to form of business that provides liability protection. Which form of business best fits their needs?
 A) Sole proprietorship
  B) Partnership
  C) S corporation
  D) LLC
  E) Pass-through corporation



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Dnite

  • Sr. Member
  • ****
  • Posts: 297
Answer to Question 1

D

Answer to Question 2

D





 

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

For a complete list of videos, visit our video library