this type of organization? A major drawback is that there is unlimited liability to the owner. The advantage is simplicity of decision making and low organizational and operating costs. 2. What form of partnership allows some of the investors to limit their liability? Explain briefly. It allows some of the partners to limit their liability. With this arrangement‚ the partners are designated general partners and have unlimited liability for the debts of the firm. The other partners are designated
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CHAPTER 9: ELECTRONIC COMMERCE SOFTWARE Week 4 Assignment 1-) What is the difference between a static catalog and a dynamic catalog? STATIC CATALOG - Used generally by small commerce sites. - A simple list written in html. - to change the company must edit the html as such. - if the content is requested the user sees the information as portrayed and can not be changed DYNAMIC CATALOG - Software included in larger electronic commerce
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landmark Supreme Court case‚ Citizens United v. Federal Election Commission (2010) changed the system of political campaign contributions in the United States. In the close 5-4 decision‚ the Supreme Court ruled that organizations are allowed to make unlimited political donations. The Justices reached their decision using the First Amendment‚ which pertains to free speech. To state it plainly‚ money equals speech. Surely‚ the Justices in favor of the decision assumed that the donor groups or individuals
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not consume drugs or alcohol. In Buddhism‚ the concept of “hell” is also very different from most religions. It is not a place for eternal damnation as viewed by “god” or “the almighty creator”. In Buddhism‚ there are an unlimited number of hells‚ like there are an unlimited number of
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Christianity 1. The symbol that represents the religion of Christianity is The Cross. According to Christian belief‚ Jesus died on a cross to pay the price for people’s sins. He rose again‚ bringing new hope for eternal life. The cross is often shown without Jesus’ body‚ emphasizing the belief that Jesus rose from the dead and the promise of eternal life that Jesus’ resurrection-his rising from the dead-offers all Christians. 2. This religion approximately began 30 C.E. 3. The founder of this
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very limited in what you can do. PC on the other hand has an unlimited amount of customization options. With a PC you can use many different operating systems like Linux‚ Ubuntu‚ and RedHat if you prefer any of those to Windows. PC usually is more intuitive and logical when you have to do things‚ it can be simple but you have much more customization on PC than Mac. If you are building your own PC or Mac you will have an unlimited amount of options with PC because it is compatible with almost
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usually has limitations that keep it from becoming a large business. • You have to consult your partner and negotiate more as you cannot make decisions by yourself. You therefore need to be more flexible. • A major disadvantage of a partnership is unlimited liability. General partners are liable without limit for all debts contracted and errors made by the partnership. For example‚ if you own only 1 percent of the partnership and the business fails‚ you will be called upon to pay 1 percent of the bills
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contribute abundantly to efforts for conservation. Wildlife conservation organizations play a very important role in the preservation of wildlife species in the United States today. Organizations such as the Quality Deer Management Association‚ Ducks Unlimited‚ Quail Forever‚ Rocky Mountain Elk Foundation‚ and others take part in many conservation projects each year to benefit and preserve wildlife. Organizations like these use donations as funds for many of the projects which are aimed toward replenishing
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Selecting A Form of Business Ownership Outline Introduction A. The Learning Goals of this chapter are to: 1. Describe the advantages and disadvantages of a sole proprietorship. 2. Describe the advantages and disadvantages of a partnership. 3. Desribe the advantages and disadvantages of a corporation. 4. Explain how the potential return and risk of a business are affected by its form of ownership. 5. Describe methods of owning existing businesses. B. One of the most important decisions
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decisions? Scarcity is a condition that exists when resources are limited relative to the demand for their use. Another way of describing this condition is to state that scarcity exists when resources are not available in unlimited amounts. When resources are available in unlimited amounts‚ economists consider them to be “free” goods. Because of the scarcity of resources‚ choices have to be made about their allocation among competing uses. Each choice is considered by economists to involve an “opportunity
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