This is part of the accounts payable. Hope this is the answer that you are looking for.
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A Direct civil liability for the actions of another B Indirect liability for failing to stop criminals C Indirect liability for the actions of another.
. Officer Owen is in a code 3 pursuit over a minor traffic violation. A liability is _____. In a sole-proprietorship the liability for finances is the sole responsibility of the business owner.
12 - Which of the following best describes a contingent. A persons total financial value. During the pursuit the officer runs a red light and collides.
Debt created in a sole proprietorship is unlimited liability for the one person who formed the business. 12 - Sunlight Growers borrows 250000 from a bank at a. A firm owned by multiple people who share the profits earned by the firm and are liable for all the firms debts without restrictions A legal unit owned by shareholders whose liability is restricted to the value of the stock they own A business owned by a single.
Which of the following best describes the use of open market operations to influence the money supply. View the full answer. Which of the following best describes vicarious liability.
A liability is considered an obligation and is listed on a companys balance sheet. The amount of credit-card debt a person has. Firm structure Which of the following best describes a partnership.
Limited liability discourages entrepreneurs to start new businesses. The statement that best describes a liability would be something that a business owes. The correct answer of the given question would be option B.
The stockholders financial liability is limited to a fixed investment amount. The correct answer is. LO 123 Which of the following best describes a contingent liability that is likely to occur but cannot be reasonably estimated.
The jewelry someone owns. If the business fails personal assets of the owners are at risk. 12 - Marathon Peanuts converts a 130000 account.
Creditors are entitled to recover outstanding debt beyond the financial assets of the business. 12 - Which of the following is not a characteristic of. 12 - Which of the following accounts are used when a.
Bus 210 Week 2 Knowledge Check Limited Liability Company Knowledge Liability
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