ASCORERS STUVIA
ETH/321T WEEK 2 APPLY ASSIGNMENT
VERIFIED & LATEST UPDATE WITH
QUESTIONS, CORRECTLY ANSWERED
Sandy works for RigorMart. She supervises regional managers and directs them based on orders from the board of directors. Sandy's position also entitles her to stock ownership in the company. What is Sandy's position in the company? ANSWER: ✔- EXECUTIVE & SHAREHOLDER
Rita wants to be involved in business. She has a fair amount of money to invest, but she does not want to be involved in management. She wants to form a business in the quickest way
possible under her circumstances. Which form of business would be best for Rita? ANSWER: ✔- LIMITED PARTNERSHIP ASCORERS STUVIA
Noodleoo, a struggling restaurant chain, wants to enact a franchise agreement with Stephen to sell its product through a chain-style franchise. Stephen agrees and opens the store, and 6 months later Noodleoo goes bankrupt. Which is most likely true of this situation? ANSWER: ✔- If Noodleoo was not transparent with its financial data, it has broken the Franchise Rule.
Cadence works for WilderCorp. She meets with a team to make all-encompassing decisions concerning the direction of the business. She also personally supervises managers and conducts training for supervisors and plant managers. Cadence also buys stock in WilderCorp. What is Cadence's position in the
company? ANSWER: ✔- MORE THAN ONE OPTION
Lily wants to build a business. She has very little capital. She does, however, have a partner with which she could run a business. Lily wants to be able to avoid being held personally liable for any problems the business has. Which of the following
ETH/321T WEEK 2 APPLY ASSIGNMENT
VERIFIED & LATEST UPDATE WITH
QUESTIONS, CORRECTLY ANSWERED
Sandy works for RigorMart. She supervises regional managers and directs them based on orders from the board of directors. Sandy's position also entitles her to stock ownership in the company. What is Sandy's position in the company? ANSWER: ✔- EXECUTIVE & SHAREHOLDER
Rita wants to be involved in business. She has a fair amount of money to invest, but she does not want to be involved in management. She wants to form a business in the quickest way
possible under her circumstances. Which form of business would be best for Rita? ANSWER: ✔- LIMITED PARTNERSHIP ASCORERS STUVIA
Noodleoo, a struggling restaurant chain, wants to enact a franchise agreement with Stephen to sell its product through a chain-style franchise. Stephen agrees and opens the store, and 6 months later Noodleoo goes bankrupt. Which is most likely true of this situation? ANSWER: ✔- If Noodleoo was not transparent with its financial data, it has broken the Franchise Rule.
Cadence works for WilderCorp. She meets with a team to make all-encompassing decisions concerning the direction of the business. She also personally supervises managers and conducts training for supervisors and plant managers. Cadence also buys stock in WilderCorp. What is Cadence's position in the
company? ANSWER: ✔- MORE THAN ONE OPTION
Lily wants to build a business. She has very little capital. She does, however, have a partner with which she could run a business. Lily wants to be able to avoid being held personally liable for any problems the business has. Which of the following
