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Sergio039 [100]
2 years ago
10

Gaston knows he cannot be physically present at his new restaurant every hour it is? open, so he has decided to share management

responsibility and profits equally with two others. gaston has formed a? ________.
A. General parnership
B. joint properotorship
C. LLP
D. LLC
Business
1 answer:
Dmitriy789 [7]2 years ago
6 0

Answer: General partnership.

Explanation:

Gaston has formed a general partnership with the two other business owners.

A general partnership is a business set up where two or more individuals own a business, take part in it's decision taking process and share profits equally.

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Answer:

I believe that Walter breached the contract because they failed to clean the sign, but I wouldn't consider it a material breach (this would be a non-material breach).

A material breach of a contract takes place when the breaching party does something (or fails to do something) that goes against the basic reason why the contract was signed. A material breach would be that Walter didn't provide the sign or that the sign never worked (didn't turn on). But in this case, the sign was a little bit dirty with little spider cobwebs appearing at its corners.

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2 years ago
Which of these transactions would produce $10,000 of revenue in December? (check all that apply) BOC Realty leases space to a te
Luba_88 [7]

Answer:

From the given question, the following transactions would produce $10,000 of revenue in December which are:

BOC Realty leases space to a tenant for December and the tenant pays the $10,000 rent in cash in December = YES

BOC Realty leases space to a tenant for December and sends a bill for the $10,000 rent to be paid in January =YES

BOC Realty leases space to a tenant for December and January. the tenant pre-paid the $20,000 rent for the two months in November=YES and BOC Bank is owed $10,000 of interest on a loan for December and receives the payment in January =YES

Explanation:

Solution

Given that:

Now,

From the question stated it says that which of these transactions would produce $10,000 of revenue in December,

Thus,

BOC Realty leases space to a tenant for December and the tenant pays the $10,000 rent in cash in December = YES

BOC Realty leases space to a tenant for December and sends a bill for the $10,000 rent to be paid in January =YES

BOC Bank is owed $10,000 of interest on a loan for December and receives the payment in January =YES

BOC Bank receives a check for $10,000 in December for November's interest amount =NO

BOC Realty leases space to a tenant for December and January. the tenant pre-paid the $20,000 rent for the two months in November=YES

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Jamila has been trying to get investors to fund her new manufacturing business. Considering the current trends in entrepreneursh
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The current trend that Jamila should take advantage of is by choosing to seek capital from (D) venture capitalists.

Venture capitalists are a typically a type of firm that specializes in investing on startup companies and small businesses that they believe would have great long-term growth. Generally, this type of firm not only support the business owner through financing, but also by helping them grow the business through various other types of support.

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Answer:

Company output will be maximized if Calvin makes all the decals and Hobbes makes all the chains.

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In the situation of Calvins: if someone has a comparative advantage in producing something, that means he also has a lower opportunity cost in practicing that object.

In the situation of Hobbes: if he has a higher opportunity cost for making decals, then Calvin has a lower opportunity cost for making decals.

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