The answer to the question is competition.
It seems that George is set up by his company to become a competition to the customers’ of the company. This is because George is told to develop a new smart phone application so that his company will have a unique competitive advantage from the other firms. This would lead to his company’s better performance in the future.
Answer:
(2) Common ownership, shared profits and losses, and right to participate in managing the operations.
Explanation:
Partnership refers to a mutual agreement between 2 or more individuals agreeing to carry out a business and to share it's profits and losses in an agreed ratio or as per the clauses in partnership deed.
Uniform partnership act regulates partnership agreements in majority of United States. The act also allows remaining partners after dissolution to continue the partnership if majority of them desire to do so.
Under the act, Partnership is characterized by common ownership of assets and liabilities by all partners, sharing of partnership profits and losses and equal rights to participate in managing the operations of the partnership.
Answer:
B
Explanation:
The capital market serves as an intermediator between households and firms. In a classic economic model, households are owners of capital resources, but firms need these resources to operate. Then, the capital market allows that households rent their capital resources to firms and firms pay them back. It is a beneficial allocation of resources for households and for firms.
Answer:
Card Verification Number
Explanation:
The card verification number is the additional code printed on the back of the debit or credit card. On most cards it is the last three digits printed on the signature strip located on the back of the card. On American Express (AMEX) cards, this is usually a four-digit code on the front of the card. Since this number is not embossed (like the card number), it is not printed on receipts, so it is unlikely that anyone, In addition to the actual cardholder, know him.
Answer: A long term investment
Explanation: In simple words, those assets which are purchased by an organisation with the intent of holding them for more than one year are called long term assets.
Mason is holding the land for five years. Hence, we can say that the land will be classified as long term investment.
It could have been considered as property, plant and equipment but the new facility has not been made yet.
