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What is a business owned by its members that is managed in the interest of the owners?
a cooperative
What is true about consumer boycotts?
Consumer boycotts were an effective tool in forcing business owners to pass safety laws
Members of this party were mainly business owners and bankers from industrialized areas?
Populist Party
What was the practice of forcing business owners to hire only union members?
closed shop or a union shop some contracts allow the employer to hire non-union but the employee must join union. In some cases that alone limits it to union only because of required apprenticeship programs and training program. For ex. new ironworkers often need to have completed the unions training program.
Which forms of business ownership attempt to provide dividends to their owners and members?
Corporations.
Why is owners equity regarded as a liability to the business?
Owners equity is the amount invested by the owner of business to the company and as a seperate entity it is the liability of the business to return back that amount to owners as owners are seperate entity to business.
Is owners equity equal to the business liabilities less the business assets?
No. Owners Equity is equal to Business Assets less Business Liabilities.
What did members of southern states to limit the rights of African Americans during reconstruction?
by enacting jim crow laws
What is the difference between a club and a business?
Technically, a club is a non-profit making organisation, while a business is set up to earn profit for its owners. Professional clubs like football ones don't count as clubs! A club is set up by its members usually for a social purpose. The members pay a subscription or a membership fee. Any fund-raising activities that earn a profit is re-invested into the club for the members to enjoy. The business owners on the other hand, have the option to either reinvest the profit back into the business, or take it out altogether and spend it on personal items.
What happens when the owner invests cash in a business?
When owner invests more cash in business it increases the owners capital in business and business becomes more liable towards it's owners.
Examples of a cooperative?
A cooperative is a business or a firm. It belongs to the people / employees - they are therefore owners - and they therfore have an invested stake in the business. Members invest in shares in the business to provide working capital. All profits are set aside for operations and improvements, are returned to co-op members. _ Krishna Srinivasan, President, Frost & Sullivan
Where can a person find a CPA practice for sale online?
A person can find a CPA practice for sale online by using the many websites that put business owners into contact with buyers. These include Craigslist and CPA Site Solutions.
