Distributorship franchise - Study guides, Class notes & Summaries

Legal Aspects - Final Exam Ch (20, 21, 22) (15, 16, 17) (18, 25) (23, 24) (26,27), Updated 2024. Agent Is a person who acts on behalf of someone else for a specific purpose Example: A lawyer acting as an agent represents a client in court, making legal decisions and taking actions on the client's behalf, such as presenting arguments and negotiating settlements. Principal Is a person whom an agent represents for a specific purpose Example: When a person hires a real estate agent to s...

BLAW 3391 Pleasant Exam 2 Questions With Verified Answers Entrepreneur - answerOne who initiates and assumes the financial risk of a new business enterprise and undertakes to provide or control its management Sole Proprietorship - answerThe simplest form of business organization, in which the owner reports business income on his or her personal income tax return and is legally responsible for all debts and obligations incurred by the business. Sole Proprietorship in TX - answerYou can est...

BLAW 3391 Pleasant Exam 2 Questions With Verified Answers One who initiates and assumes the financial risk of a new business enterprise and undertakes to provide or control its management - answerEntrepreneur The simplest form of business organization, in which the owner reports business income on his or her personal income tax return and is legally responsible for all debts and obligations incurred by the business. - answerSole Proprietorship You can establish without filing any legal do...

LAW 531 FINAL EXAM 2 1. What are the two categories of government regulations that pertain to businesses? a). General government regulations & specific government regulations b). Statutory law regulations & common law regulations c). Civil government regulations & criminal government regulations d). Public law regulations & private law regulations 2. In a survey of the nonattainment areas in the state, the agency found Helmont to be the district that exceeded the ozone standard by the...

BLAW 3391 Exam 2 TTU Questions With Verified Answers 100% Solved sole proprietorship - answerbusiness owned and operated by one person unlimited liability - answerlegal exposure in which an owner of a business is personally liable for all of the debts and obligations of the business what is the most popular form of business organization in the US? - answersole proprietorship sole proprietorship advantages - answer-easily established -no partners or shareholders -only pay taxes on income...

LAW 531 FINAL EXAM 2 1. What are the two categories of government regulations that pertain to businesses? a). General government regulations & specific government regulations b). Statutory law regulations & common law regulations c). Civil government regulations & criminal government regulations d). Public law regulations & private law regulations 2. In a survey of the nonattainment areas in the state, the agency found Helmont to be the district that exceeded the ozone standard by the...

Legal Aspects - Final Exam Ch (20, 21, 22) (15, 16, 17) (18, 25) (23, 24) (26,27), Updated 2024. Agent Is a person who acts on behalf of someone else for a specific purpose Example: A lawyer acting as an agent represents a client in court, making legal decisions and taking actions on the client's behalf, such as presenting arguments and negotiating settlements. Principal Is a person whom an agent represents for a specific purpose Example: When a person hires a real estate agent to s...

LAW 531 FINAL EXAM 2 1. What are the two categories of government regulations that pertain to businesses? a). General government regulations & specific government regulations b). Statutory law regulations & common law regulations c). Civil government regulations & criminal government regulations d). Public law regulations & private law regulations 2. In a survey of the nonattainment areas in the state, the agency found Helmont to be the district that exceeded the ozone standard by the...

Legal Aspects - Final Exam Ch (20, 21, 22) (15, 16, 17) (18, 25) (23, 24) (26,27), Updated 2024. Agent Is a person who acts on behalf of someone else for a specific purpose Example: A lawyer acting as an agent represents a client in court, making legal decisions and taking actions on the client's behalf, such as presenting arguments and negotiating settlements. Principal Is a person whom an agent represents for a specific purpose Example: When a person hires a real estate agent to s...

LAW 531 FINAL EXAM 2 1.What are the two categories of government regulations that pertain to businesses? a).General government regulations & specific government regulations b).Statutory law regulations & common law regulations c).Civil government regulations & criminal government regulations d). Public law regulations & private law regulations 2.In a survey of the nonattainment areas in the state, the agency found Helmont to be the district that exceeded the ozone standard by the larg...