Mary has developed a diet pill for obesity. She wants to create a new company with a major drug company. She is concerned about liability if someone becomes sick or dies after using the diet pill
What is the best form of business organization for the new company?
A) A sole proprietorship
B) General partnership with Mary and the drug company as equal partners
C) S-type corporation with Mary and the drug company owning equal shares
D) Limited liability company with Mary and the drug company owning equal s hares
D
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A(n) _____ is a formal conversation to evaluate the qualifications of an applicant
Fill in the blank(s) with correct word
Under the unit benefit method for determining retirement benefits, benefits
A) are equal to a specific percentage of your salary, regardless of the number of years of credited service. B) are equal to a specific dollar amount, regardless of the number of years of credited service. C) are equal to a specific unit benefit for each dollar paid into the plan by the employee multiplied by the years of credited service. D) are equal to a specified unit benefit multiplied by the years of credited service.
Contribution margin ratio is the ratio of contribution margin to ________
A) net sales revenue B) cost of goods sold C) total variable costs D) total fixed costs
A tenancy at sufferance can continue even after the tenant pays rent
Indicate whether the statement is true or false