You own a small shopping center and one of the tenants is having some work done on the roof of his store. Explain what you should be concerned about as the owner
Relying on the two consent cases in the chapter, the students should explain that the owner needs to clarify his relationship with both the tenant and the contractor. If the owner does not consent and gives them notice that he does not consent, he cannot be held liable for the expense of the roof repair and his property cannot be liened. If, however, he does nothing and lets the repairs be made, there are issues that can arise in terms of his implied acquiescence and allowing the work to continue.
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A note payable due in two years is a current liability
a. True b. False Indicate whether the statement is true or false
Which of the following usually describes a company's major business thrusts, customer orientation, or business philosophy, in general terms?
A) value proposition B) marketing mix C) mission statement D) product positioning
What services/products does Capital Insurance need to offer to become a truly financial services company?
What will be an ideal response?
The company description in a business plan should ________
A) identify the form of your business and its business type B) discuss market characteristics, trends, projected growth, and barriers to entry C) explain how the product or service you are providing will benefit customers D) explain specifically how you will run your business