What does it mean to have liability for a company? A. It means your company is late in paying its taxes. B. It means you have a conflict of interest because you are in a position where you can take unfair advantage of your customers. C. It means your company is able to sue other companies that use your trademark. D. It means you can be held personally accountable for the financial debts and illegal actions of your company.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What does it mean to have liability for a company? A. It means your company is late in paying its taxes. B. It means you have a conflict of ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Degree of Operating Leverage Head-First Company plans to sell 5,000 bicycle helmets at $75 each in the coming year. Unit variable cost is $50 (includes direct materials, direct labor, variable factory overhead, and variable selling expense).
Answers (1)
A privately owned summer camp for youngsters has the following data for a 12-week session: Charge per camper $480 per week Fixed costs $192,000 per session Variable cost per camper $320 per week Capacity 200 campers (a) Develop the mathematical
Answers (1)
Julio Company purchased a $200,000 machine that has a four-year life and no salvage value. The company uses straight-line depreciation on all asset acquisitions and is subject to a 30% tax rate.
Answers (1)
When originally purchased, a vehicle costing $23,000 had an estimated useful life of 8 years and an estimated salvage value of $3,000.
Answers (1)
Which government agencies designed a $700-billion bailout package and convinced Congress that a rapid response was needed to avert a worldwide depression in 2008?
Answers (1)
New Questions in Business
With current technology, suppose a firm is producing 400 loaves of banana bread daily. Also assume that the least-cost combination of resources in producing those loaves is 5 units of labor, 7 units of land, 2 units of capital, and 1 unit of
Answers (1)
If the financial markets are highly efficient, then: a. investing based on technical analysis is highly recommended. b. holding a diversified, low-cost, passively-managed portfolio is probably your best investment strategy. c.
Answers (1)
After years of experience, Dilcort Company reasonably estimated that a loss from a pending lawsuit was probable at September 30 of the current year. Dilcort Company estimated that the loss would amount to $57,500.
Answers (1)
The annual report for Sneer Corporation disclosed that the company declared and paid preferred dividends in the amount of $180,000 in the current year. It also declared and paid dividends on common stock in the amount of $2.80 per share.
Answers (1)
Rain spoils the strawberry crop, the price of strawberries rises from $2 to $4 a box, and the quantity demanded decreases from 1 comma 400 to 1 comma 000 boxes a week. Calculate the price elasticity of demand over this price range.
Answers (1)