Harold and Zack have pooled their money together to buy real estate but have filed no formal papers to form a business. Harold, a lawyer, handles all the legal matters and Zack, a real estate broker, finds buyers for the property they have subdivided. Harold and Zack are engaged in a:a. partnership.
b. close corporation.
c a limited liability company.
d. business trust.

Answers

Answer 1

Answer:

Answer: a. Partnership

Explanation:

Partnership could be defined as a process where two or more group of persons join their resources together to form a business or an investment, if it's a business, it is ran by both of them and the profit and loss realised is been shared amongst them. During partnership, the ratio of capital invested determines the ratio of profit that would be realised by the different persons. Harold and Zack combining resources to own a real estate investment is known as capital despite not signing legally for it yet.

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Which country has a Gross Domestic Product of about 8.5 trillion dollars?A) Japan B) China C) United States D) Russia
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According to the lesson, the economic doctrine that opposes government regulation of the economy is called _____.perestroika
laissez-faire
glasnost
coup d'etat

Answers

The economic doctrine that opposes government regulations of the economy is called laissez-faire

What does laissez mean?

a doctrine opposing governmental interference in economic affairs beyond the minimum necessary for the maintenance of peace and property rights.

What does laissez-faire mean literally?

"allow to do"

The French phrase laissez faire literally means "allow to do," with the idea being "let people do as they choose." The origins of laissez-faire are associated with the Physiocrats, a group of 18th-century French economists who believed that government policy should not interfere with the operation of natural economic.

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LAISSEZ-FAIRE

According to the lesson, the economic doctrine that opposes government regulation of the economy is called LAISSEZ-FAIRE.

Laissesz-faire is an economic situation wherein government intervention is minimal, limited only to keeping peace and observing property rights.

It is a French term that means "let the people do as they choose".

Structural unemployment is caused bya. temporary layoffs in industries such as construction.
b. shifts in the economy that make certain job skills obsolete.
c. short-term changes in the economy.
d. the impact of the business cycle on job opportunities.

Answers

Answer:

B) shifts in the economy that make certain job skills obsolete.

Explanation:

There are three types of unemployment:

Structural Unemployment (involuntary): the skills of the worker do not match the skills required by employers.
Cyclical Unemployment (involuntary): slow economic growth or economic contraction cause that employers require less workers.
Frictional Unemployment (voluntary): someone quits his/her job voluntarily because they are searching for a better job, or new workers enter the labor force.

A strategy to achieve and maintain sustainable competitive advantage is never associated with:__________ a) competing differently from rivals-doing what competitors do not do or doing what they cannot do.
b) opportunities to enter strategic alliances and collaborative partnerships to strengthen a company's market position and competitiveness.
c) carefully considered moves to compete on dimensions like quality, cost, services, locations, and customers.
d) actions taken by companies to gain sales and market share irrespective of product prices and costs.
e) direction and guidance, in terms of not only what the company should do, but also what it should not do.

Answers

Answer:

d) actions taken by companies to gain sales and market share irrespective of product prices and costs.

Explanation:

Actions that aim to gain market share no matter the cost is an anti- competition strategy. This reduces competition in the market.

Maintaining competitive advantage involves employing strategies to be better than the competition by developing better products, marketing strategies, and competencies. Companies also for strategic alliances to pool their resources together, thereby increasing their competitiveness.

Final answer:

A strategy to achieve and maintain sustainable competitive advantage is never associated with actions taken by companies to gain sales and market share irrespective of product prices and costs.

Explanation:

A strategy to achieve and maintain sustainable competitive advantage is never associated with actions taken by companies to gain sales and market share irrespective of product prices and costs. This option, labeled as choice D, suggests that a company should prioritize sales and market share over product prices and costs, which is not a sustainable strategy in the long run. Sustainable competitive advantage is achieved by differentiating from rivals, entering strategic alliances and partnerships, competing on dimensions like quality and cost, and following direction and guidance.

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Ezra is the manager of Outdoor Adventure Sporting Goods.During the past six months, his cash expenditures have exceeded his cash receipts.Outdoor Adventure is suffering from a(n) ________ problem.a.under-capitalization
b.exchange rate
c.accounting
d.cash flow

Answers

Answer: (D) Cash flow

Explanation:

The cash flow problem is refers top the situation where the organization are not able to paying the cash for its liabilities and the main causes of the cash flow problem are as follows:

The losses in the company
Due to the low profit
Due to the over investment in the capacity

We can also solve the various types of cash flow problems by improving the invoicing process and also by controlling or reducing the expenses in an organization.

Therefore, Option (D) is correct.

If you were told that your credit score was 700, how would you judge that number?
(10 points)

Answers

Answer:

I would say it alright it could be better

Explanation:

Which statement of cash flow method would require the disclosure of the noncash transaction of acquiring a factory financed entirely by issuing a 10-year note payable?

Answers

Answer: Direct and indirect statement of cash flows

Explanation: statement of cash flows shows the overall computed inflow and outflow of cash that took place in an organization over a given period of time. It shows how well an organization managed it's cash which is used to settle it's debts and make profit.

The direct method only considers the cash inflow and outflow into account and produces the cash flow from it's operations.

The indirect method considers the net income as the starting point and prepare the inflow and outflow using adjustments.

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