Ismaya and Aditya have created a business together. The business was Ismaya’s idea and he operates the business day-to-day. Aditya invested money in the business, but he doesn’t have any management responsibilities. The main advantage for Aditya in this arrangement is A. He does not pay any taxes on profit earned from the business B. He gets to participate in daily responsibilities of the business C. He is only financially liable for the amount he invested in the business D. He can withdraw his investment in the business at any time

Ismaya and Aditya have created a business together. The business was Ismaya’s idea and he operates the business day-to-day. Aditya invested money in the business, but he doesn’t have any management responsibilities. The main advantage for Aditya in this arrangement is A. He does not pay any taxes on profit earned from the business B. He gets to participate in daily responsibilities of the business C. He is only financially liable for the amount he invested in the business D. He can withdraw his investment in the business at any time

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter10: Financing And Producing Goods

Section10.1: Investing In The Free Enterprise System

Problem 1R

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