Zen Corp, an Australian company, and Pluto Inc, an American company, entered into a one-time contract to build an elevated expressway in Florida. The contract was for a period of five years and both companies were equally liable under their agreement. This type of business enterprise is known as a _____

A) joint-stock company
B) limited liability company
C) partnership
D) joint venture


D

Business

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Nanotech Inc leased a new machine having an expected useful life of 20 years from Union Co Terms of the noncancelable 15-year lease were that Nanotech would gain title to the property upon payment of a sum equal to the fair market value of the machine at the termination of the lease. Nanotech accounted for the lease as a capital lease and recorded an asset and a liability in the financial

records. The asset recorded under this lease should properly be amortized over a. 5 years (the period of actual ownership). b. 15 years (75 percent of the 20-year asset life). c. 20 years (the total asset life). d. 15 years (the term of the lease).

Business

Which of the following best explains why marketers do not consider social class segments as strictly as they once did?

A) Many consumers buy according to the social class image they wish to portray rather than according to where they actually fall in the social class framework. B) Due to the Great Recession, members of the upper class have become members of the middle class, and members of the middle class have become members of the lower class. C) Data related to social class is more complicated and difficult to obtain and analyze than it once was. D) Social class in the United States is more related to education and family history than to wealth. E) Members of the upper and middle classes are unlikely to be attracted to any products marketed toward members of the lower classes.

Business

What are the pros and cons of job posting?

What will be an ideal response?

Business

Relevant costs are costs that:

A) do not differ between alternatives. B) may not be eliminated by choosing one alternative over another. C) have already been incurred. D) differ between alternatives.

Business