Ask Question
BusinessBusiness
19 May, 03:01

1. Which of the following is the most permanent type of business organization?

a. general partnership

b. limited partnership

c. corporation

d. sole proprietorship

2. Quasi-contracts are based on the theory of

a. inequity.

b. equity.

c. fairness.

d. third-party rights.

3. The object of the contract must be

a. tangible.

b. genuine.

c. in written form.

d. lawful.

i think it's c, b, d

+2
Answers (1)
  1. 19 May, 05:01
    0
    1) The most permanent type of business organization is a Corporation.

    It is a company or group of people or an organisation authorized to act as

    a single entity (legally a person) and recognized as such in law.

    2) Quasi-contracts are based on the theory of Equity. A quasi-contract is a

    fictional contract that was created by courts to promote equitable

    treatment. It is not an actual, legally-binding document, but instead a legal

    substitute for a contract that is formed to impose equity between two

    distinct parties.

    3) The object of the contract must be lawful ... T he object of a contract must

    be lawful when the contract is made, and possible and ascertainable by

    the time the contract is to be performed.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “1. Which of the following is the most permanent type of business organization? a. general partnership b. limited partnership c. corporation ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
A furniture store owner is creating her first Google Ads campaign. What's the best way to group her products? A. Separate them in ad groups with themes like sofa beds, king-size beds, and queen-size beds B.
Answers (1)
Which statement about proofreading is most accurate? Documents with errors do not affect a person's credibility because readers understand that everyone makes mistakes. Only important messages or documents need to be proofread.
Answers (1)
In input, or factor, markets A. firms supply goods. B. consumers purchase products. C. households supply resources D. households demand goods.
Answers (1)
Which describes a way in which consumers most likely benefit from producers' absolute advantage?
Answers (1)
Assuming that the initial project investment is $28,500 in year 0, and that $10,000 in benefits accrued annually, calculate the payback period. What actions would you take and what is your rationale based on good project management principles?
Answers (1)
New Questions in Business
Bear Co. prepares its statement of cash flows using the indirect method. Bear sold equipment with a carrying value of $500,000 for cash of $400,000.
Answers (1)
Assume the total cost of a college education will be $345,000 when your child enters college in 18 years. You presently have $73,000 to invest.
Answers (2)
Who among the following is a manager with good time-management skills? a. Jim, who completes tasks mostly through his own efforts to ensure consistency b. Lee, who performs at least five activities at a time to increase productivity c.
Answers (1)
Joseph ray just received an inheritance of $35,775 from his great aunt. he plans to invest the funds for retirement. if joseph can earn 4.
Answers (1)
The three types of manufacturing costs in a job order costing system include
Answers (1)
Home » Business » 1. Which of the following is the most permanent type of business organization? a. general partnership b. limited partnership c. corporation d. sole proprietorship 2. Quasi-contracts are based on the theory of a. inequity. b. equity. c. fairness. d.
Sign Up Forgot Password?