rbrunet4703 rbrunet4703

Today at 8:20 PM
Business

Answered

Brian is the sole proprietor of Long Voyage Software, which generates maps for nature trails. He started the business with an initial investment of $80,000. A faulty map caused one customer to get hopelessly lost. After her rescue and recuperation, she sued Long Voyage for $5,000,000. Which of the following is true?

Answer :

jafransp jafransp

Today at 8:25 PM

Answer:

If $5,000,000 is awarded to its customer, Brian is personally responsible for paying all of it.

Explanation:

Sole proprietorship ownership is the most prosperous business to establish. A person who owns the company makes all the business decision by himself, gets all the profits, and incurs all of its losses is called a sole proprietorship business organization. According to the definition and the question, as Brian is the owner of Long Voyage, she is responsible for paying damages.

Answer Link

Other Questions

David, a manager at City Fish Shack, monitors the performance of workers in his department to see if the quality of their work is meeting the performance standa

The square root of 12 is irrational. True False

what’s a invocation? What’s a epithet? This relates to the odyssey

what’s a invocation? What’s a epithet? This relates to the odyssey

The square root of 12 is irrational. True False

78÷642072 division chapter

why did Alauddin Khilji introduced the control policy how did he infa it

(ঘ) ইচ্ছাপূরণ গল্পটির নামকরণের সার্থকতা আলােচনা করাে।

How do accidents happen?

A spectral line in the Lyman series of hydrogen spectrum has a frequency of 82,200cm-¹. What transition is responsible for this radiation? (R=109,600cm-¹)

On a part-time job, you are asked to bring a cylindrical iron rod of density 7800 kg/m3 , length 92.6 cm and diameter 2.95 cm from a storage room to a machinist

. Last year, at Northern Manufacturing Company, 200 people had colds during the year. One hundred fifty-five people who did no exercising had colds, and the rem

Pavlov’s classical conditioning research contained an element of serendipity because Pavlov a. did not recognize the importance of what he found. b. discovered

Iverycoast Inc. purchased a van on January 1, 2015, for $800,000. Estimated life of the van was 5 years, and its estimated residual value was $90,000. Iverycoas

You collect a sediment core from a continental rise that shows successive graded beds deposited one on top of another. Each graded bed has coarse material depos

An insurance company writes a policy to the effect that an amount of money A must be paid if some event E occurs within a year. If the company estimates that E

In a two-factor ANOVA, there are 5 levels in factor A and 4 levels in factor B and 5 observations in each combination. What is the F-critical value when testing

Why do you think Alice Chou thinks a rewards program is necessary for My developer Works because so many profiles have already been developed. Do you agree that

In a famous experiment, Matthew Meselson and Franklin Stahl grew E. coli cells in a medium containing only the "heavy" isotope of nitrogen, 15 N . These cells w

In general, larger fruits tend to earn higher profits for farmers who grow cape gooseberries as a crop. Compared to self-pollinated flowers, what is the approxi