NEWEST ETH/321T WEEK 2 APPLY
ASSIGNMENT QUESTIONS AND VERIFIED
ANSWERS ALREADY GRADED A+ 2025 UPDATE
NEWEST ETH/321T WEEK 2 APPLY
ASSIGNMENT QUESTIONS AND VERIFIED
ANSWERS ALREADY GRADED A+ 2025 UPDATE
What is the appropriate description for a distributorship?
: A franchisee sells a franchisor's product in a specific geographic area.
Which of the following roles best fits the situation?
Apol wants to start or join a business but is not sure which business organization would be best. She
has a large amount of capital but does not yet have any partners who can invest in or effectively
manage the business.
Neither a limited or general partner would be a good choice.
What role best fits the following situation?
Manny wants to be involved in a business but is not sure which type of business to join or create. He
has capital to invest. He has a good network of potential investors and partners. He has no experience
in management.
ANS: Limited partner in a limited partnership.
What is the correct order of events for the formation of a corporation?
Business selects a state of incorporation;
Incorporators select a name for the corporation;
Articles of incorporation are filed;
Novations are executed
Juan wants to be involved in business. He has plenty of capital to invest, but he does not want to be
involved in management. He also does not want to worry about fluctuations in the market prices of debt
and equity instruments. Which form of business would be best for Juan?
LLC
Kara wants to build a business. She has plenty of capital and potential investors and partners. She wants
to avoid the burden of sole liability for her business and wants to be able to close the business when she
is no longer interested in it. Which of the following would lead Kara to choose a sole proprietorship
organization for her business?
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