The two sentences that describe the characteristics of a partnership are:
the owners pool their resources to raise capital.
the business benefits because owners can share responsibilities.
A partnership is a group of two or more persons who work together to conduct business or engage in commerce. Each individual provides something—cash, goods, labor, or skills and shares in the company's gains and losses.
An official written document outlining the type of partnership and the specifics of the arrangement, signed by all parties, is typically used to confirm a business partnership. A business partnership typically starts with a verbal agreement between the business partners to form a new business or share an existing business
The five characteristics of partnership are:
Profits and losses are split.reciprocal agencyperpetual responsibilitylegal activity.contractual arrangementLearn more about the Partnership here:
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Stockholders are from the managers and employees of the firm because they are not actively involved in the operations of the firm. True or false?.
This is utterly FALSE! Stockholders are NOT the managers or the employees of the firm. But it is true that stockholders are not actively involved in the operations of the firm.
Stockholders are SEPARATE from the managers and employees of the firm due to the fact that they are not intimately participating in the firm's ops.
All that matters to stockholders is the profit the company will give them. As a result, managers and employees work for the company and are the reason why there is profit, not stockholders!
Well, there's an exception. If the stockholder is also the owner or elected as board of director, then they will be involved in the operations of the firm.
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Environmentalists are concerned that free trade encourages large multinational companies to?
Environmentalists are concerned that free trade encourages large multinational companies to:
Promote new types of economic activityRestructure economic value so that environmental conservation is market-rewardedWhat is a Free Trade?A Free Trade policy does not regulate imports and exports.
It is sometimes referred to as the free market notion in international trade. No tariffs, quotas, or other limitations exist when goods and services can be bought and sold freely across countries or sub-national territories.
A Free Trade policy, on the other hand, may simply refer to the absence of any trade restraints. A government does not need to adopt any specific actions to promote free trade. Governments with Free Trade Agreements or policies do not necessarily abandon all import and export regulation or eliminate all protectionist measures. Few free trade agreements (FTAs) in modern global trade result in completely unfettered trade.
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Supply chain management is an example of a(n)_______because it spans two or more independent organizations.
Supply chain management is an example of a(n) inter-enterprise information system because it spans two or more independent organizations.
More about Supply chain management:
Supply chain management, which covers all procedures that convert raw materials into finished commodities, is the management of the movement of goods and services. It entails actively streamlining a company's supply-side operations in order to increase customer value and obtain a competitive edge in the market.
The management of a product's creation and flow, from sourcing raw materials to manufacture, distribution, and delivery to the final consumer, is known as supply chain management (SCM).
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Effective marginal tax rate do not include? a. social security and medicare taxes b. mortgage payments
The effective marginal tax rate does not include b. mortgage payments.
Marginal tax rate refers to the supplementary amount of tax paid for every additional dollar earned as income. The total tax paid by total income earned gives the average tax rate. For the United States, the marginal tax rate increases as income rises. This system is termed the progressive taxation system. These marginal tax rates are separated by income levels into seven tax brackets.
The marginal tax rate demonstrates the tax rate which is applicable for all the brackets of income of a taxpayer. Marginal tax rate knowledge is very significant for financial planning.
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The side of an account that is increased is called the normal balance of the account True or false?.
It is true that the side of the account that is increased is called the normal balance of the account.
All sort of asset accounts have a normal balance at the debit side of the T account. And, it is associated with the left side of the equation i.e. liability and owner equity’. A normal balance refers to the debit or credit balance that’s basically expected from a certain account.
This concept of normal balance is actually used in the double-entry method of accounting. In a business asset account, for example, the normal balance would consist of debits . You can expect your asset account to have a debit normal balance. You can expect your credit account to have a credit normal balance.
The increasing side of the account is the normal balance. The normal balance for asset and expense accounts is the debit balance, while for income, equity, and liability accounts it is the credit balance.
An account's normal balance is on the side where increases go because the increases in any account are usually greater than the decreases.
Therefore the normal balance of an account is the side of the account that is positive or it is increasing.
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Long-term follow-up studies investigating recovery from schizophrenia have found that ____.
50% of people with schizophrenia recover or improve to the point that they can work and live independently ten years following diagnosis. 25% are doing better, but they still require a large network of allies to get by. 15% are inferior.
When it comes to treating schizophrenia that is resistant to therapy, clozapine is the most effective antipsychotic. In contrast to the combined use of chlorpromazine and benztropine, which has a 4% efficacy rate, this medication has a 30% efficacy rate in regulating schizophrenia episodes in patients who are resistant to therapy.
Early diagnosis and treatment are essential to successful recovery. In general, a person with schizophrenia has a better chance of recovering the earlier they are properly identified and stabilized on a treatment plan.
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What are some non-monetary costs of attempting to eliminate risks? loss of life loss of productivity loss of time.
Some of the non-monetary costs of attempting to eliminate risks includes:
loss of lifeloss of productivityloss of time.What is a non-monetary costs?Basically, a cost means an expenditure required to create and sell products and services or to acquire assets. But, a non-monetary costs refers to those non-money expenditure required to create and sell products and services.
Therefore, some of the non-monetary costs of attempting to eliminate risks includes the loss of life, loss of productivity, loss of time.
Therefore, the Option D is correct.
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All of the following except ________ pertain to the scope of a business message.
All of the following except the sequence in which the information is presented means the scope of a business message.
Which of the following are steps in the business message planning procedure?The three-step writing procedure includes planning, writing, and completing the business message. Planning concerns analyzing the situation, gathering information, choosing the right medium for your message, and organizing the data.
The content of a business message is the range of data you present, the overall length, and the status of detail—all of which should resemble your main idea.
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Why would the nurse ask a physical therapist to perform passive rom exercises for a patient with lower extremity injuries sustained in a motor vehicle crash?
The nurse ask a physical therapist to perform passive ROM exercises for a patient with lower extremity injuries sustained in a motor vehicle crash.
The patient has orthopedic trauma.
What is orthopedic trauma?Orthopedic trauma is a severe injury to any component of your musculoskeletal system caused by a collision or crushing force. Sportspeople, people who are frail or have brittle bones, and victims of auto accidents are particularly prone to this.
Trauma and orthopaedic (T&O) surgeons identify and treat disorders of the musculoskeletal system, which includes the bones, joints, and structures that support movement such ligaments, tendons, muscles, and nerves.
Compression fracture: Tiny fissures in the bone, also known as compression fractures, have the potential to cause bone collapse. Compression fractures are most frequently found in the vertebral column's supporting bones, and osteoporosis is their main cause.
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High tech customers want cutting edge products that are updated every year.
true or false
False. What happens to a product's age when its placement (Speed/Accuracy) is updated? It splits in two. Region Kits are extra product features made for a particular market.
How does product positioning work?Product positioning is a type of marketing that highlights your product's advantages to a specific target market. Based on positive reactions to the product, marketers can choose which audience to target through market research and focus groups.
Research can also reveal which product features appeal to consumers the most. Understanding this data facilitates the streamlining of marketing initiatives and the creation of powerful marketing messages that increase leads and sales. Additionally, it aids in setting the product or service apart from rivals in the market.
Any marketing strategy must include product positioning, but it need not be restricted to a single demographic.
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What financial reporting aspect helps investors and creditors assess the risks associated with liabilities that require expenditures of cash or other assets in the near term?
Classification as current or long-term helps investors and creditors assess the risks associated with liabilities that require expenditures of cash or other assets in the near term.
A liability is something a person or organization owes, typically an amount of money. Liabilities are settled over the years via the switch of economic benefits such as cash, goods, or services.
Legal responsibility is a legally binding obligation payable to another entity. Liabilities are incurred on the way to fund the continuing sports of a business. Examples of liabilities are money owed payable, amassed expenses, wages payable, and taxes payable.
Each is indexed on a company's balance sheet, an economic declaration that indicates a agency's financial fitness. belongings minus liabilities equal fairness, or an owner's internet really worth.
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How do you take ownership of your learning experience?
1.) by displaying academic integrity and honesty
2.) by completing assignments promptly
3.) by dedicating sufficient time outside of class for study
4.) by identifying, developing, and implementing plans to achieve educational goals
Take ownership of your learning experience 1.) by displaying academic integrity and honesty.
Educational integrity permits college students and the workforce the freedom to construct new thoughts, information, and innovative works whilst respecting and acknowledging the work of others. The college will respond to instructional misconduct in a truthful, steady, transparent, and timely manner.
Not best is administrative center integrity useful to groups, but it's also useful to the person. by showing that you are an honest and reliable man or woman, you may gain respect and trust from your peers and executives, which also can play a big part in your career boom, progression, and ordinary fulfillment.
Educational integrity way placing one's values into guidance via being sincere inside the instructional paintings you do at university, being honest to others, and taking duty for getting to know, and following the conventions of scholarship.
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Among the various types of responsibilities a business firm has, which are specifically considered to be economic responsibilities? (check all that apply.)
Among the various types of responsibilities a business firm has, the one that is specifically considered to be economic responsibilities
giving investors a return on invested capitalrepaying debts to creditorsWhat are economic responsibilities?This is the term that is used to refer to all of the practice that the firm would have to put in place that would have to do with all of the ways that it would have to back its financial responsibilities and its commitment.
This is what has to do with the ways that would exceed the maximization of profit by the firm but all that would have to do with the ways that would help to impact the environment that we live in a positive way.
Hence we can say that among the various types of responsibilities a business firm has, the one that is specifically considered to be economic responsibilities
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As of december 31, $400 of revenues related to goods or services provided during the period were not collected nor recorded. what adjusting entry is necessary at the end of the period?
In Receivable account relation to products or services delivered during the period, $400 in revenues were not collected nor recognized as of December 31. If an adjusting entry is required at the end of the quarter, should the Service Revenue account be increased by $400 as well as the Accounts Receivable account by $400.
The amount of money owed to a business for delivered or used but unpaid goods or services is known as Receivable account. The balance sheet classifies accounts receivable as a current asset. Any money owing by clients for purchases done using credit is known as Receivable account.
Receivable account is the term used to describe any unpaid invoices or cash that customers owe a business. The term describes accounts that a company is entitled to since it has provided a good or service. Accounts receivable, also known as receivables, are a type of line of credit that a business extends to its customers, and its terms typically call for payments to be made within a short time frame. Usually, it varies from a few days to a fiscal or yearly year.
Because there is a legal need that the customer pay the debt, businesses include Receivable account as an asset on their balance sheets.
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These financial conglomerates provide a range of services, such as investment banking, commercial banking, and financial advising.
These financial conglomerates provide a range of services, such as investment banking, commercial banking, and financial advising. These are Financial Services Corporations.
What is investment banking?Investment banking is a particular branch of banking that deals with raising money for other businesses, governments, and other organizations. Investment banks assist in the selling of securities, underwrite new debt and equity securities for all kinds of firms, and make mergers and acquisitions, reorganizations, and broker transactions for both institutions and individual investors possible. Additionally, investment banks advise issuers on the issuance and placement of stock. There are many different positions in investment banking, such as those for consultants, banking analysts, capital market analysts, research associates, trading specialists, and many more. Each demands a certain set of qualifications and training.
Any banking position benefits greatly from having strong people skills. Even devoted research analysts invest a significant amount of time working in teams or providing counseling to customers. While certain jobs call for more of a sales touch than others, it's important to feel at ease in a work-related social setting.
Thus, Investment banking is all about raising money from different institutions.
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Complete Question
These financial conglomerates provide a range of services, such as investment banking, commercial banking, and financial advising. What type of financial Institution?
In national income accounting, the value of worn out or obsolete capital is represented by?
In national income accounting, depreciation is used to indicate the worth of worn-out or outdated capital.
Depreciation is the accounting term for spreading out the expense of a tangible asset over the course of its useful. Depreciation reveals how much of an asset's value has been put to use purchasing assets over a predetermined length of time, it enables businesses to generate income from the assets they own.
The initial cost of ownership is substantially lower because businesses don't have to account for them totally in the year that assets are bought. A company's profitability might be significantly impacted if depreciation is not taken into consideration. Long-term assets may also be depreciated by businesses for accounting and tax purposes.
Comparable to amortization, which takes into account the increase in value of intangible assets over time, is depreciation.
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A decrease in supply causes the equilibrium price to _____ and the equilibrium quantity to _____.
A decrease in supply causes the equilibrium price to rise and the equilibrium quantity to decrease .
A decrease in demand causes the equilibrium price to :
A decrease in demand will cause the equilibrium price to fall; quantity supplied will decrease. An increase in supply, all other things unchanged, will cause the equilibrium price to fall; quantity demanded will increase. A decrease in supply will cause the equilibrium price to rise; quantity demanded will decrease.
What happens at the equilibrium price?
The equilibrium price is the only price where the plans of consumers and the plans of producers agree—that is, where the amount consumers want to buy of the product, quantity demanded, is equal to the amount producers want to sell, quantity supplied. This common quantity is called the equilibrium quantity.
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What is mydeco's market capitalization at the end of each year? b. what is mydeco's market-to-book ratio at the end of each year? c. what is mydeco's enterprise value at the end of each year?
(a) At the conclusion of each year, the market capitalization of Mydeco is calculated using the formula below:
in the year 2012 2013 2014 2015 2016
Shares Outstanding (millions) 55 55 55 55 55
Mydeco Stock price 7.92 3.3 5.25 8.71 10.89
Market capitalization (millions) 435.6 181.5 288.75 479.05 598.95
b. The following formula is used to determine the Mydeco's market-to-book ratio at the conclusion of each year:
Market-to-book ratio = Market capitalization/Stockholders equity
Market capitalization (millions) 435.6 181.5 288.75 479.05 598.95
Stockholders equity 252.7 250.3 251.2 258.5 273.7
Market-to-book 1.72 0.73 1.15 1.85 2.19
c. The following formula is used to determine the enterprise value of Mydeco at the end of each year:
Enterprise value = Market capitalization - Cash + Long term debt
Market capitalization (millions) 435.6 181.5 288.75 479.05 598.95
Cash 48.8 68.9 86.3 77.5 5
Long term debt 500 500 575 600 600
Enterprise value 886.80 612.60 777.45 1001.55 1193.95
What is market capitalization?Market capitalization is a measure of the market value of a company's outstanding shares. It refers to the total amount of money that is invested in a company by investors throughout the world. This figure is used to determine an entity's rank among all other companies on the stock market.
Market capitalization can be measured in two ways: as well as total price or float (the number of shares available for sale), and as compared to book value . Market capitalization reflects how much ownership investors have in a given company.
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_________ is a methodology for drawing conclusions about equality of means of multiple populations.
Analysis of variance is a methodology for drawing conclusions about the equality of means of multiple populations.
What is meant by Analysis of variance?Analysis of variance (ANOVA) is an analysis tool used in statistics that splits an observed aggregate variability found inside a data set into two parts: systematic factors and random factors. The systematic factors have a statistical influence on the given data set, while the random factors do not.Analysis of variance (ANOVA) is a collection of statistical models and their associated estimation procedures (such as the "variation" among and between groups) used to analyze the differences among means. ANOVA was developed by the statistician Ronald Fisher. ANOVA is based on the law of total variance, where the observed variance in a particular variable is partitioned into components attributable to different sources of variation. In its simplest form, ANOVA provides a statistical test of whether two or more population means are equal, and therefore generalizes the t-test beyond two means.To learn more about the Analysis of variance, refer
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Which purchase decision will probably require the most extensive information search? multiple choice question.
The purchase decision that would probably require the greatest extensive information search would be that it would be plastic surgery.
What is meant by purchase decision?
The term that purchase decision can be referred to as the thought process that would have to do with the thought process that would involve all that concerns the ability to be able to get a particular product as well as a brand. The goal is to be able to make the best decisions that would aid you in the purchase of that particular good.
Some purchase decisions are known as the major purchase decisions while some others can be regarded as minor decisions. The major ones are the ones that would need the extensive search for information.
Hence we can say that The purchase decision that would probably require the greatest extensive information search would be that it would be plastic surgery.
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Complete question
Which of the following purchase decisions will probably require the most extensive information search?
A. plastic surgery
B. Wheelbarrow
C.Washing machine
The most ethical decision is that which best upholds impartial standards of fairness and equity. True or false?.
TRUE, the most ethical decision is that which best upholds impartial standards of fairness and equity.
In finance, equity is the possession of assets that could have debts or other liabilities attached to them. fairness is measured for accounting functions by subtracting liabilities from the fee of the property.
The term “equity” refers to equity and justice and is distinguished from equality: while equality means providing the identical to all, fairness means spotting that we do not all start from the same location and need to renowned and make adjustments to imbalances.
We also can think of equity as a degree of residual ownership in a company or asset after subtracting all money owed associated with that asset.
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While stock index options can be used to play the market as a whole, they are also effective in protecting equity portfolios against falling markets.
a. true
b. false
The correct answer is true.
The right to trade a certain stock index at a set price by a defined expiration date is offered by a stock index option. You have the choice to purchase or sell an index of stocks, if you have a call option on the index or a put option on the index.
When the market is down, which option should you buy?When stock market decline worries an investor, they could purchase put options. This is due to the fact that a put, which gives the buyer the right to sell the underlying asset at a fixed price for a specified period of time, will normally appreciate in value when the value of the underlying asset declines.
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In porter's generic competitive strategies, which strategy combines a focus on a total market scope and a competitive cost advantage?
In porter's generic competitive strategies, focus strategy and overall cost leadership strategy combines a focus on a total market scope and a competitive cost advantage respectively.
What is focus strategy?A focus strategy is a competitive tactic used to target marketing and sales at a certain market niche. Utilizing underserved or untapped markets is the goal of this technique.
While many rivals want to reach as many clients as possible with their sales, a focus approach chooses one or more certain categories. It gains an advantage by providing that sector with either high quality or low cost. These actions may improve client loyalty.
There are primarily two categories of focus strategies. One aspires to outperform the competition by cost leaders, while the other wants to succeed by differentiation itself.
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Buying and selling long-term assets are considered _____ activities in the statement of cash flows of a firm.
Buying and selling long-term assets are considered investing activities in the statement of cash flows of a firm.
What Is a Cash Flow Statement?
A cash flow statement is a financial statement that gives aggregate data consisting all cash inflows a company collects from its ongoing operations and external investment sources. It also consist of all cash outflows that is paid for any business activities and investments during a period.
What is Cash Flow?
Cash flow means to the net balance of cash moving in and out of a business at a specific time. Cash is continuously moving into and out of a business. For example, when a retailer buys inventory, cash flows out of the business toward its suppliers.
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Since the balance of payments is the summary of a country's financial transactions with another country, a discussion of a nation's balance of payments will need to include a discussion of:_________
Since the balance of payments is the summary of a country's financial transactions with another country, a discussion of a nation's balance of payments will need to include a discussion of the country's current account and capital account.
What is a balance of payments?It refers to the statement of all transactions made between entities in one country and other countries over a defined period. In essence, the balance of payments summarizes all transactions that a country's individuals, companies, government bodies complete with individuals, companies, government bodies outside the country etc
As the balance of payments includes both the current account and capital account, then, the discussion of a nation's balance of payments will need to include a discussion of the country's current account and capital account.
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A buyer is most likely to skip some stages of the purchase decision process when the buyer is purchasing ______.
A buyer is most likely to skip some stages of the purchase decision process when the buyer is purchasing products that are regularly bought.
What is purchase?A purchase is when a person makes a purchase or acquires possession of a product. A price must be paid in order to purchase an item.
A television, a mansion, an automobile, or even some detergent can be the purchased object.
If the person is buying a product on a daily basis or a person is buying a product that is cheap, then he or she would like please have a decision to keep the process of checking the quantity price or even the components and directly buy the product.
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Experts who study strategic leadership have identified the key characteristics of high-performing leaders. which of these is a characteristic for strategic leadership?
Experts who study strategic leadership have identified the key characteristics of high-performing leaders. The willingness to delegate and empower is a characteristic for strategic leadership.
Leadership, both as a research vicinity and as a sensible skill, encompasses the capacity of an individual, group or agency to "lead", have an effect on or guide different individuals, groups, or whole corporations. The phrase "leadership" frequently receives considered as a contested time period
“The motion of main a group of people or an agency.” it really is how the Oxford Dictionary defines leadership. In simple phrases, leadership is about taking risks and challenging the reputation quo. Leaders motivate others to attain something new and higher.
The definition of management is the position of guiding a collection, or the capacity to guide. management can exist in both formal and casual companies. as an instance. Formal putting (consisting of inside a big employer) - The chief of the organization is normally a person who has been appointed to a excessive function of authority
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The emergence of an information-based economy are important parts of the __________ environment in which businesses operate.
The emergence of an information-based economy is important parts of the Technological environment in which businesses operate.
What is the technological environment?The technological environment is part of the company's external environment that is related to technological breakthroughs and changes. Additionally, the word "technology" is frequently used in relation to methods and equipment. The organization faces both risks and opportunities as a result of its change.
Companies must adjust to technological changes because they have little control over them. Therefore, businesses must be able to adapt to new technological developments.
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The demand and supply curves show how buyers and sellers ________; the interaction of buyers and sellers ________.
The intersection of the supply and demand curves, which balances supply and demand, is a graphic representation of the market-clearing price.
What Is the Law of Supply and Demand?
The law of supply and demand combines two fundamental economic principles describing how changes in the price of a resource, commodity, or product affect its supply and demand. Supply grows as the price rises, while demand declines. In contrast, as the price falls, supply is constrained and demand is increased. levels of supply and demand for various prices can be represented as curves. These curves overlap at the equilibrium, or market-clearing price, where supply and demand are equal. This intersection symbolizes the process of price discovery in the market.
According to the law of demand, demand for a good or resource will decrease as its price increases and increase as its price decreases. According to the law of supply, on the other hand, higher prices tend to increase an economic good's supply while lower ones tend to reduce it.
The product's price elasticity refers to the extent to which changes in price translate into changes in demand and supply. The demand for needs is comparatively inelastic, meaning that it responds less quickly to price changes.
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Intentional or willful violations of the uniform securities act that are considered to be a felony subject that person to?
An intentional or a willful violation of the Uniform Securities Act that are considered to be a felony subject that person both civil and criminal liability. Therefore, the option C holds true.
What is the significance of a liability?A liability for the legally wrongful activities done by a person may lead him to civil and / or criminal punishments under the regulations of the laws. Willful violation of laws leads to civil as well as criminal liability for a person.
Therefore, the option C holds true and states regarding the significance of liability.
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The incomplete question has been completed below for better reference.
Intentional or willful violations of the uniform securities act that are considered to be a felony subject that person to _____?
A. civil liability
B. criminal liability
C. both civil and criminal liability