A portable computer that can easily be carried from place to place is a
a. desktop computer
b. laptop computer
c. peripheral
d. firewall
B
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Describe and diagram the timeline that most businesses use to enter the international markets.
What will be an ideal response?
Flaira, a high-end clothing brand in Florida, signs a licensing agreement with a firm in Honolulu to allow the latter to use Flaira's brand name, trademark, and business methods to operate the same clothing business in Honolulu. In exchange, the Honolulu firm has to pay the owner of Flaira an annual fee. This scenario is an example of a(n) _____.
A. conglomerate merger B. sole proprietorship C. franchise D. acquisition
Which of the following statements about liability risks is (are) true? I. Future income and assets can be attached to pay judgments if inadequate insurance is carried. II. There is an upper limit on the amount of loss
A) I only B) II only C) both I and II D) neither I nor II
It is impossible to form a business in a manner that allows for single taxation and limited liability
Indicate whether the statement is true or false