Business, 22.11.2019 23:31 lisacarter0804

Alegal arrangement where two or more people share ownership of a business is called a
a. corporation
b. sole proprietorship
c. partnership
d. franchise

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Answer from: t779

I think c since you are doing it with a friend or family member

Answer from: stodd9503

A legal arrangement where two or more people share ownership of a business is called a "partnership".

A partnership is a formal plan in which at least two parties participate to oversee and work a business. Different organization courses of action are conceivable in which all accomplices may share liabilities and benefits similarly or a few accomplices may have restricted risk.

A business partnership is a particular sort of lawful relationship shaped by the agreement between at least two people to carry on a business as co-proprietors. A partnership is a business with different proprietors, every one of whom has put resources into the business.

Answer from: Quest

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

$capital * (1+0.045)^{28} = 48,613.24$

now clearing the formula to solve for capital we got:

$capital = \frac{48,613.24}{(1+0.045)^{28}}$

and we reach the answer investment = $14,174.20

Answer from: Quest

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

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Alegal arrangement where two or more people share ownership of a business is called a
a. corp...

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