Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 12, 2024

Assume that 3 college students want to open a recreational cannabis shop in which they will sell various products including flower, concentrates and edibles such

Assume that 3 college students want to open a recreational cannabis shop in which they will sell various products including flower, concentrates and edibles such as gummies. What form of business organization should they use, if any? Why? Which form of business organization should they avoid? Why?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Law Legal Environment Online Commerce Business Ethics and International Issues

Business Law Legal Environment Online Commerce Business Ethics and International Issues

Authors: Henry R. Cheeseman

9th edition

978-0134529530, 134004000, 134529537, 978-0134004006

More Books

Students also viewed these Law questions

Question

★★★★★

What type of postprocessing is required for SLFS processes?

Answered: 1 week ago

Question

★★★★★

[EX02-187] The Office of Aviation Enforcement & Proceedings, U.S. Department of Transportation, reported the number of mishandled baggage reports filed per 1000 airline passengers during October...

Answered: 1 week ago

Question

★★★★★

The main plot of disaster movies (which depict the antecedents, occurrence, consequences and usually solution of a catastrophe) such as Jurassic Park, King Kong, Airport and The Towering Inferno...

Answered: 1 week ago

Question

★★★★★

Colleen Fernandez, president of Rhino Enterprises, applied for a $175,000 loan from First Federal Bank. The bank requested financial statements from Rhino Enterprises as a basis for granting the...

Answered: 1 week ago

Question

★★★★★

Divide the following numbers in binary. Round off the results to three fractional bits. a) 10111012/102 b) 101101012/1102 c) 1000111002/10112 d) 10100101012/10012

Answered: 1 week ago

Question

★★★★★

You are thinking of opening a small copy shop. It costs $5000 to rent a copier for a year, and it costs $0.03 per copy to operate the copier. Other fixed costs of running the store will amount to...

Answered: 1 week ago

Question

★★★★★

At the start of 2019, comfort products company Purple, an early and well-known entrant in the online mattress business, was overwhelmed with invoices. An accounting clerk had just left, and the...

Answered: 1 week ago

Question

★★★★★

If you are a small business and have machinery valued at $28,000, land valued at $52,000, $14,000 in cash and a 10 year loan debt of $75,000, what is owners equity?:

Answered: 1 week ago

Question

★★★★★

QUESTIONONE For anyone considering doing business in Uganda, think ROKO. ROKO ConstructionLimited was founded in 1969 and is today one of Uganda's leading Construction andCivilEngineeringGroups....

Answered: 1 week ago

Question

★★★★★

Lotric Co. produces suction plates for toddlers. The plan for the next period is as follows: Sale of 9,000 plates in January, February, and March, and the same number of plates is expected for April...

Answered: 1 week ago

Question

★★★★★

The following tableliststheconcentration of E. coli bacteria( C , mg/L) at any given time ( t , min) in a swimming area. Time, t (min) 0 4 8 12 16 20 24 28 Concentration, C (mg/L) 0 2.5 3.2 3.4 3.5...

Answered: 1 week ago

Question

★★★★★

Vulnerability scanning can be a critically important step to ensure a network is secure. For a penetration tester, are there any risks to conducing vulnerability scanning. What liabilities or...

Answered: 1 week ago

Question

★★★★★

Suppose that a wealthy friend of yours asks for your advice on how to reduce income inequality. Your friend wants to know if it would be better to give $100M to poor people who might never attend...

Answered: 1 week ago

Question

★★★★★

2. In this chapter, the reader should reflect on the following concepts: Systemic structuring, the displaced error, the communicable part of knowl-edge, tacit knowledge, hidden knowledge, analogy,...

Answered: 1 week ago

Question

★★★★★

2. List five points that are crucial to pay attention to if you want to positively influence someone from a foreign culture.

Answered: 1 week ago

Question

★★★★★

1. Discuss what you think is meant by the following statements: a) Splitting an egg into half to get two chickens. b) We cannot study time by taking apart a clock.

Answered: 1 week ago

Previous Question Next Question