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Author Question: Lamps Plus is a retailer of lamps, chandeliers, ceiling fans, and outdoor lighting, with over 30 ... (Read 137 times)

sc00by25

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Lamps Plus is a retailer of lamps, chandeliers, ceiling fans, and outdoor lighting, with over 30 stores nationwide. Based on this description, Lamps Plus would likely be categorized as a:
 A) supermarket
  B) department store.
  C) convenience store.
  D) specialty store.
  E) warehouse club.

Question 2

Manuel owns a mobile pet-grooming business. Last year, as he was grooming a poodle named Fifi, Manuel accidentally dropped the clippers, causing a gash on the poodle's back. Fifi's owner then sued Manuel for the veterinarian bills. The court determined that Manuel owed Fifi's owners 2000. Manuel's pet-grooming business:
 A) is likely a sole proprietorship, which means that Manuel has unlimited liability.
  B) is likely an LLC with unlimited liability.
  C) is likely a corporation, which means that Manuel has unlimited liability.
  D) is likely a partnership, which means that Manuel as limited liability and only paid a portion of the veterinarian bills.
  E) is likely a corporation, which means that Manuel has limited liability.



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bassamabas

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Answer to Question 1

D

Answer to Question 2

A




sc00by25

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Reply 2 on: Jul 14, 2018
Excellent


sarah_brady415

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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