unlimited liability as it relates to sole proprietorships is the risk of loss of assets beyond the assets of the business.

Answers

Answer 1

The risk of loss of assets beyond the assets of the business is referred to as unlimited liability. It is one of the characteristics of a sole proprietorship.

A sole proprietorship is a form of business organisation is which only person owns the business.  

Characteristics of a sole proprietorship

it is owned by one personthe business has unlimited liability. It means that the owner of the business is liable to the liabilities her business.  the business usually lacks continuity. this type of business usually ceases to exist when the owner dies.

Advantages of sole proprietorship

It is easy to establish.  The business owner has complete control over the business.  

Disadvantages of sole proprietorship

The lifespan of the business is often limited to the lifespan of its owner. The owner has an unlimited liability.

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Related Questions

a company recorded an event that had no affect on total assets, net income, or cash flow. this could have been caused by ______.

Answers

If a company recorded an event that had so effect on assets, income or cash flow, his action could have been caused by writing off an uncollectible account.

A write-off can be described as the removal of an accounts receivable that cannot be collected which was put in the general ledger.

If an account is uncollectible, then it means that the amount that would not be collected would be eliminated. It also means that a previous allowance balance is going to get reduced.

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Which action would most likely harm a person's credit score?
A. Completing a credit card application
B. Spending a small portion of a credit limit
C. Researching a credit card's interest rate
O D. Failing to pay minimum monthly payments

Answers

Answer: D

Explanation:

Failing to give minimum monthly payments is activity would most likely harm a person's credit score.

What is credit score?

Credit score is the creditworthiness of the person and the ability to pay the debt of the credit. Credit score can be build according the previous maintenance and transaction from the account. If the person has good background, the bank can give them more credibility.

Thus, option D is correct.

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QUESTION 4 of 10: When estimating income, it is better to be:
a) A little low
b) A little high
c) Either, it doesn't matter

Answers

Answer:

A, it should be a little low

Hope this help please give the brainliest award.

B) a lil high because you need to be able to have extra money just in case some was to happen.

if a manufacturer ships merchandise to a retailer on consignment, the unsold merchandise should be included in the inventory of the

Answers

Answer: manufacturer
I hope this helps

If a manufacturer ships merchandise to a retailer on consignment, the unsold merchandise should be included in the inventory of the manufacturer.

What is the manufacturer?

A manufacturer is a person or business that turns raw materials into finished products using a variety of tools, machinery, and procedures, and then sells those products to consumers, wholesalers, distributors, retailers, or other manufacturers who can use them to make more complicated products.

The economy is enunciated be significantly influenced by manufacturers. Manufacturing has a long history dating back to antiquity. The usual manufacturer, however, was a single skilled artisan with helpers for many centuries. Each craftsperson guarded the methods of production and only taught apprentices. Only manual processes might be used for production.

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ballot measures sponsored by businesses or business groups are much more likely to pass than those initiatives sponsored by citizen groups.

Answers

Ballot measures that are sponsored by businesses or business groups are indeed more likely to pass than those brought by citizen groups. This is therefore a true statement.

Ballot measures by business and business groups have a higher chance of becoming law because:

Businesses will fund the measure better which ensures greater reach Businesses have greater influence than individual citizens

As a result of businesses being able to fund their measures more. They will advertise it across the area which will increase its chances of being voted for. Businesses can also mobilize more people to vote for the measure than individual citizens.

In conclusion, ballot measures by businesses have a better chance of passing.

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________ is a technique used to predict future outcomes based on historical data and analytics techniques.

Answers

Answer:

predictive analytic

Explanation:

predictive analytic is the use of data and machine learning techniques to identify future outcomes based on historical data.

A DJ wants to analyze market reactions to the new music selections played at his dance last weekend. He advertises his weekly dances using social media and email.
Which would be the most effective way to gather reactions from those who attended the dance?

Focus Groups


Surveys


Personal Interviews


Observation

Answers

Answer: Surveys

Explanation:

The most effective way to gather reactions from those who attended the dance is Surveys. Option B is correct.

What are Surveys?

In order to gather information about a service, product, or process, a surveys are described as the act of looking at a process or questioning a predetermined sample of people. Surveys used to gather data ask a specific set of people about their beliefs, actions, or knowledge.

Surveys are used to collect data or learn more in areas like demography and social research. Survey research is frequently used to evaluate ideas, beliefs, and emotions. Surveys might have narrow, focused objectives or they can have broad, more general objectives.

Thus to analyze market reactions to the new music selections played at DJ dance last weekend surveys are most optimal option here.

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Choose all of the possible causes of structural unemployment
es
А)
changes in seasons
B)
changes in technology
increase in global competition
D)
changes in personal career choices
E)
changes in required training or education

Answers

Answer:B) changes in technology C) increase in global competition E) changes in required training or education

Explanation: I just did it

The possible causes of structural unemployment are changes in technology, an increase in global competition and changes in required training or education. The correct option is b, c and e.

What is structural unemployment?

Structural unemployment refers to a longer-lasting form of unemployment caused by fundamental shifts in an economy and exacerbated by extraneous factors such as technology, competition, and government policy. This type of unemployment occurs because workers lack the requisite job skills or live too far from regions where jobs are available and cannot move closer.

Although jobs are available, there is a serious mismatch between what companies need and what workers can offer. Growing technology in all areas of life increases future structural unemployment because workers without adequate skills will get marginalized. Even those with skills may face redundancy, given the high rate of technological obsolescence and the growing use of machines or AI.

Structural unemployment can last for decades and usually requires a radical change to reverse.

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what is the name of the file management application?

Answers

Answer:

Traditional file management applications such as File Explorer — the de facto file manager in Windows — are powerful enough only as far as personal use is concerned. Put simply, they are basic tools designed to help users manage files and folders on local computers.

Suppose the central bank in the nation of Zook attempts to pay off its national debt by printing large amounts of currency. The large increase in the money supply causes the price level to rise by 1,200 percent. What do you expect will happen to the value of Zook's currency?




Instructions: Round your answer to 2 decimal places.




The value of Zook's currency will

(Click to select)

by

percent.

Answers

Answer:

it would become worthless

Explanation:

if they keep printing loads of money then the individual Zook dollar would decrease in worth

As more and more Baby Boomers retire, companies are realizing that they are losing many of their most knowledgeable employees. Which force is impacting them in this situation?
Multiple Choice
A-global
B-human resource
C- poll-regulatory
D- competitive
social

Answers

I think it’s B not 100% for sure

The Force is impacting them in this situation is a social force. Thus the correct answer is E.

What is baby boomers?

A person born between the conclusion of World War II and the middle of the 1960s is referred to as a "baby boomer" because of its importance in the population. Confidence, teamwork, self-happiness, health and wellbeing, employment, and participation are among the basic values of Baby Boomers.

In order to successfully meet the demands of many cultures, marketers closely watch social trends. As social factors alter over time with demographic shifts, we take into account attitudes toward employment and lifestyles.

So when more baby boomers got to retire, companies realize that they are losing many of knowledgeable people who play a crucial role and appeared as a social force in this situation.

Therefore, option E social is appropriate.

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what is the name of the document that tells you what you need to pay on your credit card?

Answers

Answer:

A billing statement, commonly referred to as a bill.

PLEASE HELP ME I NEED HELP!!!!!!
Which of these factors would NOT cause the demand curve for a particular good to shift?

Group of answer choices

a change in the costs of a necessary factor of production

a change in the number of consumers in the market

a change in the level of consumer income

a change in consumer preference

Answers

Answer:

a change in the level of consumer income

Explanation:

i did the problem recently :)

which characteristic is most important in identifying which data to collect for marketing research?

Answers

The characteristics of the data includes one which will help in decisions making for marketing actions.

Let understand that "Marketing research" is the process of gathering, recording, analyzing and drawing conclusion on data collected from potential customers of a product to facilitate decision making about a product viability.

The purpose of Marketing research is to provides concrete information which is relevant for decision making in the firm.

Therefore, the characteristics of data that is very important to marketing research are data which will be relevant to draw decisions for marketing actions.

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What is one request a borrower can make of a lender if they know they will never be able to pay their full debt?

A. The borrower can ask for fees and penalties to be eliminated.

B. The borrower can ask for a reduction of the interest rate.

C. The borrower can ask to be absolved of some of the debt.

D. The borrower can ask for the monthly payment to be reduced.​

Answers

The one request a borrower can make of a lender if they know they will never be able to pay their full debt is the borrower can ask for fees and penalties to be eliminated.

What happens if the borrower fails to repay the loan?

A loan is known to be a kind of money that is borrowed for a length of time and it is known to be a non-performing asset (NPA).

When the repayment is  overdue, the lender can seize the asset of the borrower and when a  borrower can make of a lender if they know they will never be able to pay their full debt is the borrower can ask for fees and penalties to be eliminated.

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Answer:

C. The borrower can ask to be absolved of some of the debt

Explanation:

which general staff member negotiates and monitors

Answers

Answer:

The Finance/Administration Section is the General Staff member that negotiates and monitors contracts, maintains documentation for reimbursement, and oversees timekeeping for incident personnel.

Under the gross method, when the customer pays within the discount period, which of the following accounts is not recorded in the journal entry to record the cash receipt?

Answers

The "cost of good sold" is not recorded in the journal entry to record the cash receipt.

In accounting, the Gross method refers to the method of recording a purchases at the invoice price without any deduction of cash discounts.

Under the journal entry, the purchase are recorded at the invoice amount alone without making account for any discount deduction.

Now, when a customer pays for purchase within the discount period, the accounts that are not recorded in the journal entry is "Cost of goods sold" because it is used only at the time of sales.

The account which are recorded in the journal entry includes Sales, Accounts Receivable and Cash.

Therefore, the account which is not recorded is the "Cost of goods sold".

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Which type of shopping malls typically employs a unifying theme (Victorian, Early American Colonial, Alpine, National Park, etc.) that is carried out by the individual shops in their architectural design and, to an extent, in their merchandise? Example: Ghirardelli Square in San Francisco

Answers

Answer:

Please elaborate more your question so i can give you a more accurate answer

Explanation:

Interviewers asked Jeff to discuss a time when he demonstrated adaptability at his job. What is the MOST appropriate response for Jeff to give?

A.
Because I am introverted, I was able to work by myself for most of the day.

B.
When our old software no longer worked, I came up with a new system that could help us meet our goals.

C.
I consistently communicated well by writing very detailed emails to my colleagues.

D.
My emotional intelligence is so high that I can usually tell what everyone in a room is feeling.

Answers

Answer:

B. When our old software no longer worked, I came u with a new system that could help us meet our goal.

Explanation:

When the old software didn't work, Jeff adapted to the situation and created new software for the company so that the company could continue on with its work and achieve their goal.

B is the answer to this question it fits the best out of all the options

a logical starting point from which the study of international trade begins is

Answers

The principle of comparative advantage

what is strategy?
A) An action to be taken that will likely result in accomplishing goals and objectives
B) A statement that defines what an individual or group wants to accomplish or become
C) A training or certification that helps a person expand skill set
D) A specific step to be accomplished in the short term that eventually leads to reaching goals

Answers

The answer would be D

withholding taxes for federal and state income tax are based upon which items?

Answers

Number of exemptions claimed and amounts earned by employees.

a piece rate worker is paid

Answers

Answer:

a fixed rate for each item produced or action performed

Explanation:

a little bit of research will take you right to the answer.

Which of the following is NOT classified as a day-to-day or personal expense students may have?
O Car loan payments
O Laundry
O Cell phone bills
O Tuition

Answers

Answer:

Laundry

Explanation:Casually, it's not everyday that a student will have the need to pay to/use laundry machines/ products.

Answer:

laundry

Explanation:

you won't need to go and wash laundry every day, can even use a personal washing machine to do laundry

if davidson has 7,000 units on hand at december 31, the cost of ending inventory under the average-cost method is

Answers

The cost of ending inventory under the average-cost method is $75,250.

The average cost method is a method used to determine the cost of inventory in which the cost of goods sold is determined by determining the weighted average of the cost of inventory.

Average cost method = total cost of inventory bought / total units bought

(5,000 x $8) + (15,000 x 10) + (20,000 x 12) = $430,000

Total units bought = 5000 + 15,000 + 20,000 = 40,000

Price of inventory = $430,000 / 40,000 = $10.75

Cost of ending inventory = $10.75 x 7000 = $75,250.

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this is the premium that reflects the risk associated with changes in interest rates for a long-term security.

Answers

Answer:

1. Real risk-free rate.

2. Nominal risk free-rate.

3. Inflation premium.

4. Liquidity risk premium.

5. Liquidity risk premium.

6. Maturity risk premium.

Explanation:

what is the difference between ordered list and unordered list?

Answers

Plz try explaining the question in its full extent so I can try to help. Like what do you mean (“Ordered and Unordered list”)

which country parades first during the olympics opening ceremony

Answers

Answer:

Greece always enters first.

The modern Olympic Games began in Athens in 1896. So Greece gets the honor of starting in the Parade of Nations.

What are two ways stock ownership builds wealth?

Answers

Answer:

Display Slide 7. Use the information below and on the graphic to discuss the two potential financial rewards for owning stocks—stock appreciation and dividends. Reference the newspaper graphic to explain stock appreciation. When an investor owns stock and the price of that stock rises, net worth increases.

Explanation:

Answer:

Display Slide 7. Use the information below and on the graphic to discuss the two potential financial rewards for owning stocks—stock appreciation and dividends. Reference the newspaper graphic to explain stock appreciation. When an investor owns stock and the price of that stock rises, net worth increases.Explanation:

a customer of a bank is skiing at her favorite ski resort. as she is riding the ski lift, her cell phone dings with a text reminding her to pay her credit card in the next few days before the deadline. she really enjoys how her bank sends her reminders and timely messages, and this builds her loyalty to the bank. this example illustrates which unique attribute associated specifically with digital marketing?

Answers

Answer:

mobile and portable

Explanation:

This illustrates mobile and portable unique attributes associated specifically with digital marketing.

What is illustration?

A decoration, interpretation, or visual explanation of a text, concept, or process is called an illustration. Illustrations are made to be integrated into print and digitally published media, including posters, flyers, magazines, books, instructional aids, animations, video games, and films

When promoting goods and services, digital marketing makes use of the Internet and other online-based technology such as desktop computers, mobile phones, and other digital media and platforms.

Therefore, Product attributes are traits or qualities that characterize a good. These qualities can be tangible,

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