subject
Business, 20.12.2019 15:31 bihanna1234

Which statements indicate that rick’s company is a limited liability company? rick douglas is a bright and passionate lighting designer. following his passion for innovative lighting solutions, he founded a company called dazzle in 2000. dazzle is a successful, small company with annual revenue of $25 million. it offers residential, commercial, and theatrical lighting solutions. apart from rick, there are several other owners in the company who have made tremendous contributions to its growth. the profits are shared in a fair manner among all owners. because dazzle is not a separate tax entity, all the owners declare revenue earned through the company on their personal federal tax returns. the success of the company turned douglas and the other owners into millionaires. rick has a villa in the prestigious kimberly hills area. the $5 million dollar villa is protected from business liabilities unless the liability is incurred through wrongful acts.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 04:30
Your take on decision making process
Answers: 1
question
Business, 22.06.2019 08:30
Which of the following is an example of search costs? a.) driving to a faraway place to find available goods b.) buying goods in some special way that is outside the normal channels c.) paying a premium cost for goods d.) selling extra goods for a discount price
Answers: 1
question
Business, 22.06.2019 14:30
Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.
Answers: 1
question
Business, 22.06.2019 17:00
During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak
Answers: 2
You know the right answer?
Which statements indicate that rick’s company is a limited liability company? rick douglas is a bri...
Questions
question
Mathematics, 11.05.2021 17:00
question
Mathematics, 11.05.2021 17:00