Archive for December, 2009
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1. (Points: 1)
Sole proprietorships are in every sector of the economy, but they are most common in professional and technical services, construction, and retail trade.
1. False
2. True
Save Answer
2. (Points: 1)
The owner of a sole proprietorship must share any after-tax profits with the company’s shareholders.
1. False
2. True
Save Answer
3. (Points: 1)
Hennie Hanks has a great idea for a new business—one he is sure will make a ton of money. He’s eager to get started, so he wants to form his business with a minimum of hassle, expense, and red tape. He also wants to be his own boss and have complete control over the company. Hennie’s goals suggest that he would seriously consider operating his business as a sole proprietorship.
1. True
2. False
Save Answer
4. (Points: 1)
Ralph Flores owns and operates his own business as a sole proprietor. Recently his company was sued. The fact that Ralph has organized his business as a sole proprietorship means that Ralph is protected against any financial loss if the company loses the lawsuit.
1. False
2. True
Save Answer
5. (Points: 1)
In a general partnership, each partner incurs unlimited liability only for claims resulting from his or her own negligence.
1. True
2. False
Save Answer
6. (Points: 1)
Most stockholders in large corporations take an active role in managing their companies.
1. True
2. False
Save Answer
7. (Points: 1)
Liza owns 1000 shares of common stock in Bigbux Inc. As a stockholder in the company, she may vote in the election of Bigbux’s board of directors.
1. False
2. True
Save Answer
8. (Points: 1)
Joe owns 500 shares of stock in the Megabux Corporation. He is pleased to learn that the company earned a very nice profit over the most recent operating period. The company has announced that they will pay each shareholder a dividend of $1 per share out of its after-tax profits. Because Megabux has already paid taxes on this profit, this payment will represent tax-free income to Joe.
1. True
2. False
Save Answer
9. (Points: 1)
Unlike C corporations, members of S Corporations have unlimited liability.
1. False
2. True
Save Answer
10. (Points: 1)
The earnings of S corporations and closed corporations are not exempt from federal and state income taxes.
1. True
2. False
Save Answer
11. (Points: 1)
Mergers and acquisitions basically mean the same thing; the only difference is the size of the companies involved.
1. True
2. False
Save Answer
12. (Points: 1)
One drawback of operating a franchise is the greater risk of failure relative to independently owned businesses.
1. False
2. True
Save Answer
13. (Points: 1)
Lakisha Caldwell began her work at Timeline Vintage Clocks as a shift leader. Over the years, she has moved up the management ranks and has just been promoted to a position in top management. In her new position, Lakisha is likely to find that she must rely more heavily on technical skills and less on conceptual skills.
1. False
2. True
Save Answer
14. (Points: 1)
The majority of businesses today are formed as
1. limited liability partnerships.
2. sole proprietorships.
3. corporations.
4. partnerships.
Save Answer
15. (Points: 1)
A serious drawback of sole proprietorships is that they
1. are heavily regulated by the federal government.
2. result in double taxation of the company’s earnings.
3. are difficult and inexpensive to form.
4. expose their owners to unlimited liability for the company’s debts.
Save Answer
16. (Points: 1)
A key reason most sole proprietorships remain relatively small is that
1. they have limited ability to raise funds needed to finance growth.
2. their stockholders would rather receive dividends than have earnings reinvested to finance growth.
3. government regulations limit their ability to expand into new areas of business.
4. the owners often disagree about the need to take on additional risk associated with growth.
Save Answer
17. (Points: 1)
Dana wants to open her own business after completing college. As a fine arts student, she is planning to provide services as a graphic artist. She wants the freedom to be her own boss and doesn’t want to deal with a lot of rules and regulations. But she is nervous about risking her personal wealth. She is thinking about forming a sole proprietorship and asks you for your opinion about this form of business. Which of the following statements is most accurate?
1. Forming a sol
wow i have no idea on any of those questions
sorry.
http://www.asiantribune.com/news/2009/12/23/former-army-commander%E2%80%99s-statement-cause-damage-country%E2%80%99s-economy
The only item that is up for ridicule is the UN statement surrounding utter fabrication and conjecture by wholly unreliable news sources. That – an a great hoot being had at the FBI and CIA offices. The RCMP and Interpol are probably having a chuckle also. BTW- THANK YOU CANADA FOR THE MOST EXCELLENT REFUSAL-TO-VOTE FOR RADICAL EXRTREMISM AND TERRORISM 40K OUT OF 350K!!
http://nz.news.yahoo.com/a/-/entertainment/6617979/sri-lankas-tsunami-recovery-dogged-by-graft-delays/
Why would the World Bank once again be issuing funds to the Nation Building Ministry when the previous allotments are largely unaccounted for? There is certainly no reason to be disbursing funds for an irrigation project months ahead of weather conducive to actually conducting work. There are also many INGOs that have been tracked along with NGOs that have spent 85-90% of funds on their administrative fees and only utilized 10% for people’s benefit. Thirdly, there is also the issue that at least 50% of the funds went directly into LTTE coffers which purchased unbelievable amounts of weaponry, built luxury bunkers and purchased aircrafts and vessels to conduct war against the sovereign state as well as against innocent civilians. The World Bank as well as the UN should have a complete history of how funds were earmarked for distribution and if they are still lacking the former PM and President should be legally responsible for accounting for these funds. The World Bank and the UN should also be insisting that people who do not have adequate shelter such as those who are in IDP camps be temporarily resettled in available housing from post-tsunami construnction in the South. Without any uncertainty there is no chance that housing can be erected in Mannar or Muthuur in the next few months as post-monsoonal conditions will still require months of land stabilization and evaporation of ambient moisture prior to decent facility builds. I have certainly seen enough pictures of shoddy construction done by the likes of Red Cross and Caritas – I am certainly not insinuating that all the work that these 2 organizations do is shoddy but a bulk of dwellings in Sri Lanka did not meet basic safety or living standards.
Sri Lanka also has a compiled list of INGOs and NGOs that have not been able to account for even a fragment of funding they were entrusted with and many just picked up checks and walked away. Because if the terrorist situation many areas were competely inaccessible to government monitoring and the only person who had access from within the Central Government was the Former PM, Ranil Wickremesinghe. Former President Chandrika Kumaratunga also had access to quite a bit of funds through the Red Cross as well as family run NGOs. These persons all have multiple citizenships and their foreign accounts as well as those of their civic and non-profit affiliates should be reviewed. It is not as if the World Bank or the UN is at a loss of how to trace such and why they have not done so up to this point is only questions that they themselves can and must answer. Both organizations were repeatedly warned by multiple sources and it was a great source of consternation by many in the government for blissful ignorance is just another name for gross mismanagement. Each and every time it was brought to attention of officials of such "hallowed" organizations the complaints were dismissed. The default is not on the part of Sri Lanka the default is due to Lender and/or Donor negligence. This is the same issue that is encountered worldwide whne these organizations do not conduct business with due diligence but it is certainly no reason to hold an entire country accountable for the excess of cocktail parties and the lack of project management displayed. There is already a list of INGOs/NGOs that are part of a dossier for when we (Sri Lanka) started investigating areas as they were cleared from terrorist control we (Sri Lanka) found that many of the alleged projects were either never started or never completed. There are certainly corrupt officials but they are certainly not limited to Sri Lanka. Sri Lanka also does not owe for the utter disservice to our sovereign nation created by politically motivated non-government organizations that chose to support a terror network that has been repeatedly referred to as the most deadliest terrorist organization in the world.
It is not Sri Lanka’s fault that certain people found it chic, exiting or lucrative to feast on the utter detruction of my lands and peoples to be able to say that they broke bread with Pabraharakhan or some other LTTE leader. There are certainly enough persons that have come into inexplicable wealth and enough hedge funds that cannot account for their growth as well as enough wars and terrorist organizations being funded globally for TI or any such organization to pierce t
CHECK DRAFTS NOW VOLKES/BEN B
CHECK DRAFTS NOW BEN B/VOLKES
CHECK DRAFTS NOW BEN B/VOLKES/HU
CHECK DRAFTS NOW BEN B/VOLKES/HU/VLADIMIR
Sorry – too long
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Duration : 58 sec
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Duration : 57 sec
تÙ?زÙ?ع Ù¾Ù?اÙ? رئÙ?سجÙ?Ù?Ù?ر برگزÙ?دÙ? Ù?Ù?اÙ?Ù?ت در داخÙ? Ù?Ø´Ù?رØ? آذر 88
Private distribution chosen president of resistance within the country, December 88 – (translated by google)
Duration : 1 min 49 sec