In the Australian context, which of the following statements correctly describe thedifferences between Sole Traders and Companies as legal entities?Select one or more:a. A Sole Trader is a single person whereas a Company can (but does not need to)consist of multiple members.b. A Sole Trader has unlimited liability whereas the owners of a Company havelimited liability.c. They are not really different, just two different names for the same thing.d. A Company is a separate legal entity whereas a Sole Trader is not.

Details of the differences between Sole Traders and Companies as legal entities in the Australian…

Answered: In the Australian context, which of the…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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A)Essentially, there are four major categories of endorsements. They are: Group of answer choices a)primary, secondary, tertiary and quaternary. b)local, foreign, alien, and mixed. c)donative, creditory, incidental, and mixed. d)blank, special, qualified, and restrictive. B)The words "for deposit only" as part of an endorsement are: Group of answer choices a)blank endorsements. b)special endorsements. c)restrictive endorsement. d)two of the above.
A is a long-term partnership between companies to jointly develop, produce, or sell products, while a separate legal entity established by the strategic partners. is a O a. strategic alliance; spin-off O b. merger; acquisition O c. strategic alliance; joint venture O d. joint venturė; divestiture
If an issue arises after the completion of a transaction, which of the following actions should a salesperson take to remedy the situation? O slect one answer. The salesperson should act promptly and resolve any Issues that may arise before the parties take legal action. The salesperson should first review the agreement and verify the relevant information, to accurately advise the seller or buyer as required. The salesperson should first arrange for compensation and reimburse the buyer or seller for any loss they may have The salesperson should inform their client that since the transaction has closed, they are no longer obligated to provide further services to them. incurred.
Which of the following statements are CORRECT? I. The strategic goal of any organisation should be to achieve and maintain a competitive advantage. II. Strategic entrepreneurship is the combination of entrepreneurial opportunity seeking and strategic advantage seeking. III. An entrepreneurial culture encourages risk taking and neglects entrepreneurial capabilities. IV. An entrepreneurial culture comes from the encouragement of entrepreneurial leadership. The primary purpose of IPRs is not only the protection of property from authorised use, but also to enable the owners of an innovative creation to allow their usage through a licensing fee. Select one: True False Which of the following statements correctly define 'Disruptive Innovation'? a. Disruptive innovation refers to the process in which a new market is created that also destabilises an existing market. b. Disruptive innovation is a service that benefits one or more segments of the community or society,…
(practices] Practices that include filing warranty claims after the claim period, misredeeming coupons, and making fraudulent returns of merchandise are examples of O an acceptable consumer code of ethics. o normal and reasonable consumer behavior. O costs to be passed along to shareholders as a part of doing business. O violations of the Consumer Bill of Rights. O unethical practices by consumers.
Which statement below provides the most accurate description of the difference between an agent and a broker? O Agents represent final buyers while brokers represent marketing intermediaries. Agents represent one manufacturer in a large sales area, while brokers represent several different manufacturers in a smaller area. Agents develop a long-term relationship with the people they represent, while brokers are usually hired on at temporary basis. Agents take title to the goods they help distribute, while brokers never assume ownership of the products they distribute. Agents and brokers are equivalent and do not have any noticeable differences.
Redlining is described as: A) the practice of targeting certain communities for predatory lending. B) the practice of targeting homes in a high- priced neighborhood for refinancing. C) a lender denying loans to a neighborhood due to the low prices of the homes in that area. D) a lender denying loans to certain areas of a community, usually because of the racial characteristics of the applicant's neighborhood.
Which of the following statements on natural monopoly in the electricity industry iscorrect?a. It is efficient is have more than one set of transmission and distribution lines.b. There are economies of scale in transmission and distribution.c. The strongest case for natural monopoly in electricity is economies of scale ingeneration.d. There is no longer a case that any of the stages – generation, transmission, ordistribution – is a natural monopoly.
18. Which of the following is not a per se violation of Section 1 of the Sherman Act? Group of answer choices A trade association A price-fixing agreement A market division A group boycott
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Mr.Mohammed had purchased a mobile phone for 100 riyals from a shop in Nizwa with one year warranty. After one month the mobile screen display is not working he approached the shop. But the shopkeeper denied to replace or repair the phone In this situation which office Mr.Mohammed can approach for lodging a complain? on O a. Consumer protection office O b. Chamber of commerce Oc Capital market authority O d. All the options are correct

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