Answer: (1) Legal entity
(2) Perpetual existence
Explanation: A very simple definition of a private limited company would help with subsequent explanation of its features or characteristics.
A private limited company is a business organization with private ownership being held by a few parties known as the shareholders, and these ones have their liability limited to the amount of shares contributed to the business capital. The total membership of owners is limited and hence the name "private."
There are a quite a number of features of a private limited company and two of these are;
(1) Legal Entity
(2) Perpetual Existence
(1) Legal Entity:
Once an organization has been registered as a "limited liability company," it immediately takes it own identity. What this means is that the laws of the country now recognizes the company as an individual with its own name and identity and is clearly distinct from the shareholders (owners of the company). This means the private limited company can have a bank account opened in its own name, it can sue and be sued to court in its own name (and not in the name of the shareholders), and so on. Basically, legal entity implies that a private limited company is now a person on his/her own and all matters that concern the business organization shall be seen as the company. Hence all assets and liabilities belong to the company and not the shareholders.
(2) Perpetual Existence:
Perpetual or continuous existence as the name implies means the company can continue to remain in existence into the foreseeable future and no time limit can affect it. Also the death or exit of one or more members (shareholders) cannot affect the existence of the company. So if for example, one members retires and exits the company and later dies as a result of old age, with or without replacement of the ex member, the company continues to exist uninterrupted (remember the company is now a person on its own under the law). This explains why many multinationals such as banks and oil and gas producing companies have been in existence for decades and some close to two hundred years in existence (and still counting).
Total industry sales are $100 billion. The four largest firms have sales of $35 billion, $17 billion, $6.8 billion, and $2.2 billion. The industry's approximate four-firm concentration ratio is
Answer: The industry's approximate four-firm concentration ratio is 61%
Explanation:
Hi, to answer this question, first we have to sum all the four firms sales:
Mathematically speaking:
35 + 17 + 6.8 + 2.2 = 61 billion
Now, we have to divide the result by the total industrial sales:
61 billion /100 billion = 0.61
To express it as a percentage we have to multiply it by 100
0.61 x 100 = 61%
The industry's approximate four-firm concentration ratio is 61%
Feel free to ask for more if needed or if you did not understand something.
Brenda conducts brokerage activities and can receive compensation directly from buyers
or sellers. She must be a?
A)Broker
B)Licensee working under a broker
C)Property manager
D)Sales associate
Answer:
A) Broker
Explanation:
she is a Broker if she recieves compensation directly from either buyers or seller.
moreover, she conducts brokerage activities.
hope it helps .
I WILL ALWAYS MARK THE FIRST ANSWER THE BRAINLIEST
Answer:
D. Food Preparation Sink
Explanation:
You are correct! Must wash hands always at the PROPER place, when handling food.
During the recession of 2008 through 2010, Ford
saw sales of its vehicles drop and was forced to
reduce production. This decision reflected changes
in the company's BLANK environment.
Answer:
During the recession of 2008 through 2010, Ford saw sales of its vehicles drop and was forced to reduce production. This decision reflected changes in the company's ECONOMIC environment.
Explanation:
The automotive industry crises occurred from 2008 to 2010, it was basically a part of the financial crisis that started in 2007. It also effected most of the Europe, but the results in America were far worst than any other part of the world. The main reason behind it was the rise in the fuel prices for these vehicles. As Ford didn't offer much fuel efficient models for costumers, their sales started to decline, which resulted in the reduction of production, and changed the companies economic environment.
what is the tribal assistance coordination group (TAC-G)?
Tribal Assistance Coordination Group or TAC-G is a Multi-Agency Coordination (MAC) group that assists Federally Recognized Tribes during emergencies and disasters, as well as providing information and technical assistance, for tribal emergency management programs.
What do you understand about Tribal Assistance Coordination Group?The Tribal Assistance Coordination Group or TAC-G is a Multi-Agency Coordination (MAC) group that assists Federally Recognized Tribes during emergencies and disasters, as well as providing information and technical assistance, for tribal emergency management programs.
The TAC-G consists of partners from all levels of government as well as non-profit aid organizations and the private sector. The TAC-G is identified as a unique coordinating structure in the National Response Framework and is instrumental in executing the responsibilities of the Tribal Coordination Support Annex (TCSA) in the NRF’s Emergency Support Function.
The goal of the TAC-G is to provide a focused point of coordination or one-stop-shop” for tribes being impacted by emergencies or disasters.
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Full-time employees must have money deducted from their paychecks for
car insurance premiums.
contributions to charity.
federal income tax.
savings.
The correct answer is C. Federal income tax
Explanation:
The term "deduction" is used to describe money that is taken from your salary. In the case of full-time jobs in the U.S. salary deductions include deductions for income taxes including the federal income tax and deductions for Social security taxes because all of these taxes are established by the U.S. government and this is closely related to the amount of money you earn or your salary. Also, others such as savings, contributions to charity, etc. are not mandatory deductions. Thus, full-time employees must have money deducted from their paychecks for federal income tax.
Jamal purchased a Subway franchise in a great location across the street from an outlet mall. After two years in business, Jamal felt that he would like to offer his customers more products to choose from. He expanded his Subway business to include ice cream and a small smoke shop specializing in cigars. This product line expansion was very successful. As a result, profits went up and customers loved the new options. One day Jamal received a visit from the Subway franchisor who was shocked to see the product line expansion. This resulted in the Subway franchisor giving Jamal 30 days to restore his Subway business to the terms of the franchise agreement contract which limits the product line to only Subway products. Using the model below, help Jamal get back into compliance with the Subway franchise agreement. Define the problem Explain the cause (or causes) of the problem. Explain the effects the problem has had on the company. Provide a solution (or solutions) to the problem.
The correct answer to this open question is the following.
Although the question is incomplete because it does not attach the model to answer it we can comment on the following.
The problem is that Jamal, trying to increase profits, decided to sell two different products that are not part of the Subway products. When the franchisor visited Jamal's location, it realized the changes and set an ultimatum to Jamal to respect the franchise agreement.
The cause of the problem is that although Jamal wanted to diversify the products to have more income, this contradicts and is against the franchise agreement he signed when he bought the Subway franchise. The contract clearly states that the owner of the franchise can only sell products authorized in the contract by Subway. That is exactly one of the characteristics of a franchise. That you visit one of them any place in the world, and you are going to find de the same products with the same quality. That is the product guarantee of a franchise like Subway.
So the effects for the company are that its reputation an image can be questioned for selling different products that are hot approved by Subway. It is a major risk the company is not going to allow. Furthermore, it is stated in the contract. So Jamal has no right to break it.
One possible solution is that Jamal respects those 30 days to make the proper corrections, follow the guidelines established in the Subway's manuals, offer a sincere apology, and commit himself to operate the franchise just as it is stated on the agreement.
Erica is CEO of a company and has recently hired a vice president of marketing. She would like to share this information with all three thousand employees. Erica should _____. send an e-mail to all employees use diagramming software to create a chart type a word-processing document and print it call each employee
Answer:
The correct answer is send an e-mail to all employees.
Explanation:
The correct answer is send an e-mail to all employees.
I am going to explain the why of each options.
call each employee
There are three thousand employees. There is just not enough time to call each employee.
send an e-mail to all employees
The most practical way, as it takes just the time to write the email and send to a list containing all employees.
type a word processing document and print it
use diagramming software to create a chart
With these alternatives, most of the employees would not see the information.
Jessica own a 10 acre property rents to a local sheep rancher for $10,000/year. She wants to use this money to expand her business by building a mall for $4 million. Jessica’s total implicit costs of the expansion plan are: A: the cost of construction of mall and fixed costs of the mall. B: the foregone rent and the cost of the mall. C: the foregone $10,000 from the sheep rancher.
Answer:
C) The foregone $10,000 from the sheep rancher
Explanation:
Implicit costs are also known as the opportunity costs. Opportunity costs refers to the cost associated with the choice. Opportunity cost also refers to the benefit that is foregone by selecting or choosing some other alternative.
Here, in our case, there is loss of income (of $10,000 per year) from renting that property to a local sheep rancher by choosing to expand her business.
Hope this helps!
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Which tag tells the browser that the document is in html format?
Answer:
<HTML> tag
Explanation:
The penalty for illegally using copyrighted work depends on the nature of the copyright infringement. How will the offender pay for infringing on copyright materials?
Answer:
The offender will have to pay attorney fees or have the illegal work confiscated or even go to jail
Explanation:
Copy right infringement means illegal usage of copyrighted works without the owner's express permission. It is a violation of owner's intellectual property or right.
Copywrited works may include films, paintings, novels or creative display of ideas. A particular film for instance may receive protection in copyright law whereby no one can reproduce the film due to the copyright law.
Copywrite holders have sole right to their works which usually lasts throughout their life time and can either be distributed, reproduced or even be displayed publicly.Although there may be permission or licensing from the owner to another party to reproduce his works.
With regards to the above, offenders who infringe on copyright materials will have to pay attorney fees or have the illegal work confiscated or even go to jail.
Answer:
Would have to pay $150,000
Explanation:
In compliance with new policies, banks increased rate of interest on housing loans. Gregory’s real estate business started suffering losses because fewer people borrowed home loans. What risk did his business suffer from?
______ risk held back Gregory’s real estate business.
Answer:
Economic
Explanation:
This is one of the external risk that is a result in changes in the market conditions.
This is correct on Plato
Credit risk held back Gregory's real estate business.
What is rate of interest?Interest rate is the percentage at which interest is paid on a loan or the percentage earned on an investment over a certain period of time. It is the cost of borrowing money or the rate at which one can earn money on an investment.
The interest rate is typically expressed as an annual percentage of the principal, and it can be either fixed or variable. When the interest rate is high, the cost of borrowing is high, and this can make it more difficult for individuals and businesses to obtain loans, which can have a negative impact on the economy. Low-interest rates, on the other hand, can make borrowing more affordable and stimulate economic growth.
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By hiring your children, you can
pay low wages.
show how much you care.
transfer wealth without estate taxes.
avoid payroll taxes.
Answer:
Avoid payroll taxes
Explanation:
In hiring your children to work for you, you can avoid payroll taxes as long as they are legitimate employees. This therefore means that one can deduct the children's salary from the business income and then write it down as a business expense. That way, the employer does not have to pay taxes on the salary. The taxes are medicare and /or social security taxes.
In hiring your children, certain rules have to be followed and they include: the child must be a real employee, compensation must be reasonable and you must comply with the legal requirements for employers.
Cheers.
Why might a sole proprietor take on a partner instead of hiring an employee?
Answer:
Please see answer below.
Explanation:
As in the above case, a sole proprietor might decided to take on a partner instead of hiring an employee if he or she is considering business expansion or aiming to add other business which is not his or her field hence requires a partner.
Employing people in the above situation might not be a good decision because adding a new line of business requires capital and expertise , all of which will be provided by the new partner because that is his field.
Also, should there be any losses, both the sole proprietor and the partner will share the losses unlike the employee who will not share in the loss should there be any.
I’m marking the brainliest :))
Answer:
anything below 40 is right, so it's A
Answer:
Choice A
Explanation:
It is 40 degrees or colder.
Please mark BRAINLIEST!
Compared to a checking account, the rules governing your
use of a savings account are generally more:
Negotiable
Intuitive
Restrictive
Liberal
What feedback would you give concerning the sourcing of this information? *
Employers are raising their standards when it comes to bringing on new talent. 74% of companies reported increasing the level of education they require for new hires, according to a survey conducted by Northeastern University.
Source:
Northeastern University: https://www.northeastern.edu/graduate/blog/masters-degree-benefits/
Answer:
well im not in business school or learning about it but i can giv emy best shot! so if i were to give feedback to this i would say WOW
Explanation:
Your Insurance company bills you $687.89 every 6 months for your premium payments. You decide to pay per month.
What is the monthly premium?
Answer:
$114.65
Explanation:
If you divide $687.89 by 6 months you'll get $114.64833333333333333 but if you simply you'll get 114.65 and you'll only pay $0.11 over.
Answer:
114.65
Explanation:
You are concerned about inflation eroding your college savings. You should put your money in an account that offers
A: an interest rate lower than inflation
B: an interest rate higher than inflation
C: low balance transfer fees
D: FDIC insurance
Answer:
Option B
Explanation:
In simple words, the given case relates to the time value of money. As the inflation in the economy rises the price level also rises leading to lower value of the money in the accounts.
If a depositor gets interest on his or her savings more than the inflation rate than they will get their money worth as per the standards of the inflation. Thus, we can conclude that the correct option is B.
Answer:
Option B: An interest rate higher then inflation
Explanation:
I WILL MARK BRAINLIEST!!!!! Please answer ASAP ty.
Answer:
A
Explanation:
Accounting businesses, babysitting businesses, and hairstyling businesses are all examples of what
businesses ?
Answer:
A single proprietorship business is the answer
Explanation:
A single proprietorship is an unincorporated business owned by an individual and often managed by that same person.
Answer:
1 proprietorship business.
Insurance companies always offer a discount If you pay your annual premium as a one-time payment or lump sum. Your
annual premium is $1,200. You will receive a 6% discount If you pay all at once. How much will you save per year?
Answer: Your savings per year will be $72
Explanation: For an insurance premium, premiums are by standard, paid once every month. Hence an insurance policy with an annual premium of $1200 would result in a monthly premium payment of;
Monthly Premium = 1200 / 12
Monthly Premium = 100
However, there is an option to pay all $1200 at once, that is, one lump sum just once in the entire 12-month period and taking that option would offer a discount on the insurance premium which is given as 6% and this is calculated as shown;
Premium = 1200
Discount = 0.06 (6 %)
Discount calculated = 1200 * 0.06
Discount calculated = 72
The calculations and result shows that the option of paying the premium at once would result in a savings of $72 per year.
Answer:
Your savings per year will be $72
Explanation:
Explain the challenges sole proprietors face when considering whether to expand their business.
Answer:
• Difficulty in obtaining finance
•Unlimited liability risk
• Assuming too many roles
• Heavy decisions making burden
•Going concern
Explanation:
• Difficulty in obtaining finance is one of the many challenges faced by sole proprietors as he seek business expansion. The risk involved in being a sole proprietor is much hence lenders often find it difficult to finance their business.
•Unlimited liability risk is also a challenge against business expansion for a sole proprietor because he faces the risk of loosing his personal assets and that of the business should the business goes bankrupt or liquidate.
• Assuming too many roles poses as challenge to a sole proprietor as he expand his business. In this case, he becomes the manager, customer attendant, cashier etc all of which will become burden on his as the business grows.
• Heavy decisions making burden. A sole proprietor is responsible for making all the decisions regarding his business hence will affect the business as it expands. Some business decisions requires professional advice else the business will collapse in the long run which is often the case with sole proprietors.
• Going concern is an accounting principle which states that a business will continue to exist and into the foreseeable future which is not the case with a sole business owner as his death ends the existence of the business hence a factor against business expansion.
PLEASE HELP ASAP, TRUE OR FALSE FOR EACH STAR
*A court of appeals hears evidence to decide the facts.
*When a party alleges a fact, it means that fact has not yet been determined by the jury to be true.
*A judge instructs a jury on the law that applies in a case.
*Decisions by higher courts in a state are not binding on lower courts within that state's jurisdiction.
*Judges may apply the law, but they do not have power to change the law.
*The U.S. Constitution is the supreme law in the United States and no other law can contradict it.
*Litigation is the process of resolving a dispute through the court system.
*The trial court, which first hears a case, is known as a court of original jurisdiction.
*Although cases may be similar, one important fact can change the outcome and create new precedent.
*Appellate Courts review questions of fact but not questions of law.
*The Uniform Commercial Code has been adopted in all fifty states.
Answer:
1. False: A court of appeals hears evidence to decide the facts. They do not listen to evidence to decide the facts because appeal isn't a retrial of the case.
2. True: When a party alleges a fact, it means that fact has not yet been determined by the jury to be true.
3. True: A judge instructs a jury on the law that applies in a case. It is known as jury instructions.
4. False: Decisions by higher courts in a state are not binding on lower courts within that state's jurisdiction. There decisions are actually binding on lower courts within that state's jurisdiction.
5. True: Judges may apply the law, but they do not have power to change the law.
6. True: The U.S. Constitution is the supreme law in the United States and no other law can contradict it.
7. True: Litigation is the process of resolving a dispute through the court system.
8. True: The trial court, which first hears a case, is known as a court of original jurisdiction.
9. True: Although cases may be similar, one important fact can change the outcome and create new precedent.
10. False: Appellate Courts review questions of fact but not questions of law. The appellate court can review questions of law as "De novo" or plenary review (legal error standard).
11. True: The Uniform Commercial Code has been adopted in all fifty states.
assume peru had an adult population of about 25 million, a labor-force participation rate of 60 percent and an unemployment rate of 6 percent. how many people were employed
Answer: 15 million people were employed.
Explanation:
Hi, to answer this question we have to multiply the adult population (25,000,000) by the labor-force participation percentage in decimal form (divided by 100).
Mathematically speaking:
25,000,000 x (60/100) = 25,000,000 x 0.6 = 15,000,000 people
15 million people were employed.
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Brenda’s Boards manufactures skateboards. Each skateboard sells for $45 and includes the following expenses: $3 for the wheels and mounts, $1 for the plastic board, $1 for the paint, and $10 for the labor. What is the total profit the company earns after selling 100 boards? $300 $350 $3,000 $3,500
Answer:
Profit on sale of 100 skateboards is $3000
Explanation:
Given:
Selling price of each skateboard = $45
Expenses include $3 for the wheels and mounts, $1 for the plastic board, $1 for the paint, and $10 for the labor
To find: Total profit the company earns after selling 100 boards
Solution:
Cost price of each skateboard = $3 + $1 + $1 + $10 = $15
Selling price of each skateboard = $45
Profit on sale of each skateboard = $45 - $15 = $30
Profit on sale of 100 skateboards = $30 × 100 = $3000
The total profit the company earns after selling 100 boards is $3,000.
Total profit:First step is to calculate the total cost
Total cost=($3+ $1 + $1 + $10)×100
Total cost= $15×100
Total cost=$1,500
Second step is to calculate the total revenue
Total revenue=$45×100
Total revenue=$4,500
Third step is to calculate the total profit
Total profit=$4,500-$1,500
Total profit=$3,000
Inconclusion the total profit the company earns after selling 100 boards is $3,000.
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When there is inflation, a person can definitely expect
many banks to close.
the purchasing power of money to decrease.
a high number of companies to go out of business.
a high rate of unemployment.
Answer:
the purchasing power of money to decrease.
Explanation:
Inflation, in economic terms, refers to the rise in the price of the goods and services for a certain period of time. The value of money is decreased.
With the commencement of Inflation, the purchasing power of the money falls. With the rise in the price, the monetary value of the money decreases which leads to purchase fewer goods and services.
Answer:
the answer is b. Or not, its your choice
Explanation:
[as]
Which of the following can send a live stream of updates to your website from your social media sites?
A webcam
A streaming app
A widget
A newsfeed
Answer:
A webcam
Explanation:
Streaming is the process of accessing, watching, listening to music or video in the 'real-time'. It does not mean that the video or audio is downloaded and then watched or listened to. The file is not downloaded, rather it is just streamed online. A webcam is a device that is used to build the links of the videos to function like a videophone. It is used to record videos that can be further used to stream them on any social media platform.
Answer:
A widget
Explanation:
Given half a chance, other people at work will take advantage of you.
List at least six possible areas that might be included on an externship evaluation form.
Answer:
•Initiative
•Administrative task
•Maturity
•Appearance
•Attitude
• Dependability
Explanation:
Externship is a programme offered to college students which forms part of their work experience in relation to their course of studies. It affords student to have work experience during their educational study.
The externship evaluation form is a form used by supervisors to assess the performance of students who have undergone externship programme. It contains areas such as how matured is the student on the job, gives explanation of the student's appearance throughout the programme. It also confirms whether the student is dependable based on his experience during the programme, how well the student makes use of his initiative without being told what to do etc.