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Author Question: Charles and Ellen, an unmarried couple, run an ice cream store. The business is not incorporated and ... (Read 59 times)

serike

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Charles and Ellen, an unmarried couple, run an ice cream store. The business is not incorporated and they have filed no formation papers with the state. Their business is a
 A)sole proprietorship.
 B)partnership.
 C)franchise.
 D)limited liability company.

Question 2

Countries A and B both produce coffee. Both countries belong to GATT. Country A imports coffee from B. Once B's coffee enters A's stream of commerce, under the national treatment provisions of GATT:
 A) country A cannot subject B's coffee to higher internal taxes or charges than its domestic coffee.
 B) country A may now charge higher internal taxes or charges on B's coffee in order to discourage coffee drinking since the goods have already passed the border.
 C) country A cannot subject B's coffee to any internal taxes or charges, even if it does so to domestic coffee.
 D) none of the above is correct.



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zoeyesther

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Answer to Question 1

B

Answer to Question 2

A





 

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