A ________ is a business that is owned by only one person.
Fill in the blank(s) with the appropriate word(s).
Sole proprietorship
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Zach, Khalid, and Ira form a partnership. Zach's capital contribution to the firm is $5,000, while Khalid and Ira contribute $10,000 each. The parties do not make any express agreement concerning how profits are to be divided. However, they agree to share losses as follows: Zach, 40%, Khalid and Ira, 30% each. During the first year of the partnership, the business makes a profit of $30,000. Given this scenario, what will be Zach's share of the profit?
A. $9,000 B. $12,000 C. $5,000 D. $10,000
Define country club management as proposed by the Leadership Grid® approach. Include specification of the level of concern for people and for production.
What will be an ideal response?
Carlos, a manager at Carz Autobody, always appears to be happy. He rarely exhibits negative emotions and moods and is always optimistic about himself and others. If you were his manager, you would tell Carlos that he needs to reduce his negative affectivity.
Answer the following statement true (T) or false (F)
Describe the FDA's role in combating misleading food advertisements. How does its efforts compliment the efforts of the industry to regulate itself using the Lanham Act?
What will be an ideal response?