Business, 27.02.2020 05:24 JustinLaucirica
Unlimited liability means a. stockholders can borrow money from the business. b. there is no limit on the amount an owner can borrow. c. the business can borrow money for any type of purchase. d. the owner is responsible for all business debts. e. creditors will absorb any loss from nonpayment of debt.
Answers: 1
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What is overdraft protection (odp)? a.) a cheap and easy way to always avoid overdrawing a bank account b.) a service to automatically transfer available funds from a linked account to cover purchases, prevent returned checks and declined items when you don’t have enough money in your checking account at the time of the transaction. c.) an insurance policy sold by banks to prevent others from withdrawing your money d.) a service provided by the government that insures individuals bank deposits up to $250,000
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Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.
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Unlimited liability means a. stockholders can borrow money from the business. b. there is no limit o...
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