Chapter 15 Entities Overview SOLUTIONS MANUAL Discussion Questions 1. [LO 1] What are the more common legal entities used for operating a business? How are these entities treated similarly and differently for state law purposes? Answer: Corporations‚ limited liability companies (LLCs)‚ general and limited partnerships‚ and sole proprietorships. These entities differ in terms of the formalities that must be observed to create them‚ the legal rights and responsibilities conferred on
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shards crunched beneath my feet‚ the blood dripped from my hair onto my awestruck face. This is all seemed so real‚ so completely real. I walked around the cars‚ examining the wreckage‚ my sight vibrating from the pure adrenaline rush. Here it was‚ Every 15 Minutes‚ and I was the drunk driver. Beer cans scattered around the pavement; every step I took felt like an eternity‚ a lurch through some kind of dark matter. I kept thinking “this didn’t actually happen‚ this didn’t actually happen‚” but‚ the experience
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Voluntary/charities: Acorns Hospice: Up in the midlands (Birmingham) there is an organisation called Acorns hospice‚ they help support children with mental and physical disabilities and there was also room for their parents to stay. Many of the children and young people are not expected to reach their adulthood and they are requiring specialist care 24 hours a day‚ 7 days a week. The hospice is currently supporting over 630 children and more than 880 families‚ including those who are bereaved.
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1) Which of the following would be a useful way to increase the saving rate? A) Tax breaks to increase the real return that savers receive B) Increasing taxes if Ricardian equivalence holds C) Increasing government spending D) Increasing taxes on capital goods Answer: A 2) Assume that the full-employment level of output is $5000 billion and the natural unemployment rate is 5%. Suppose the current unemployment rate is 8%. What would be the current level of output according to Okun’s law (when
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“Advertising: 15 Basic Appeals” by Jib Fowles (from "Mass Advertising As Social Forecast") 1. Need for sex- surprisingly‚ Fowles found that only 2 percent of the television ads‚ he surveyed used this appeal. It may be too blatant‚ he concluded‚ and often detracts from the product. 2. Need for affiliation- the largest number of ads use this approach: you are looking for friendship? Advertisers can also use this negatively‚ to make you worry that you’ll lose friends if you don’t use
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ECON 2123: Macroeconomics Problem Set 2 Instructor: Yao Li Problem Set 2 Macroeconomics‚ ECON 2123 (Instructor: Yao LI; TA: Astor FOK) -----------------------------------------------------------------------------------------------------------------------------------[Pay attention to the deadline announced via LMES system] 100 marks total Part I: Multiple Choice Questions. Choose the best answer. (10 marks‚ 2 marks each) 1. The money demand curve will shift to the left when which of the following
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BTEC LEVEL 3 NATIONAL IN BUSINESS (The Business Environment). P1: Describe the type of business‚ purpose‚ and ownership of two contrasting businesses. Sainsbury’s: Sainsbury’s is the UK’s third largest chain of supermarkets‚ it’s also the longest standing major food retailing chain‚ which was founded by John James Sainsbury’s in 1869 as a partnership with his wife Mary Ann. The holding company J Sainsbury’s PLC‚ is split into three divisions which are: Sainsbury’s Supermarket Ltd‚ Sainsbury’s Local
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P2 Describe the limitations and constraints of marketing Businesses need to ensure that their marketing plans and activities are within the limits of the law. These laws are called the consumer laws they make sure that the businesses do not do anything illegal. There are five main consumer laws these are The Sale of Goods Act 1979 The Trade Description Act 1968 The Consumer Credit Act 1974 and 2006 The Data Protection 1998 The Consumer Protection from Unfair Trading Regulations 2008 I will be
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SOLUTIONS MANUAL CHAPTER 15 PUT AND CALL OPTIONS PROBLEMS Exercise (strike) price 1. A stock has an exercise (strike) price of $40. a. If the stock price goes to $41.50‚ is the exchange likely to add a new strike price? b. If the stock price goes to $42.75 is the exchange likely to add a new strike price? 15-1. a) No. For stocks over $25‚ the normal interval is $5‚ with a new strike price added at the halfway point or $42.50 (between $40 and $45). b) Yes‚ the stock price has equaled or exceeded
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Assignment brief Qualification BTEC Level 3 Extended Diploma in Business (QCF) Unit number and title Unit 3: Introduction to Marketing Start date Deadline Assessor name Assignment title Purpose Know the role of marketing in the organisation Scenario Ongoing from first assignment. As part of the evaluation‚ you are now asked to select one of the companies previously investigated and investigate its use of marketing research. Task 1 Describe how marketing techniques are used to market
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