Jose Is a Stockholder in a Software Consulting Firm

question 118

Multiple Choice

Jose is a stockholder in a software consulting firm.He gets a share of the earnings of the firm,on which he has to pay taxes.Moreover,the firm pays taxes on its earnings.As an individual,Jose is not legally liable to pay off the debts that might be incurred by the firm.In this scenario,the software consulting firm can be regarded as a _____.

• A)sole proprietorship
• B)partnership
• C)corporation
• D)franchise

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Definitions:

Uniform Delivered Pricing

A pricing strategy where a seller charges the same shipping cost to all buyers, regardless of their geographic location.

Transportation Costs

are expenses incurred in moving goods from one location to another, including freight charges and fuel costs.

Inclusive Transport Pricing

Pricing strategy in transport that considers all associated costs and charges, ensuring transparency and clarity for the consumer.

Basing-Point Pricing

A pricing strategy where the price of goods includes transportation costs from a specific location, regardless of where they are actually shipped from.