Your friend Thomas is extremely good at fixing cars and has been thinking about opening up a mechanic shop in Aurora. Thomas has come to get your advice since you have business expertise. What type of businesses ownership (sole proprietorship, partnership, corporation, or franchise) should Thomas open? Explain why. (1 mark) Provide an advantage and disadvantage of this type of ownership. (2 marks)

You are at a holiday dinner with your family. your relative makes the argument that the u. s. economy is resurgent and has recovered from the great recession of 2007 – 2009. economic growth, as measured by gdp, has been increasing from one quarter to the next. you beg to differ. how would you structure your argument with your relative? hint: you should think about two things, the accuracy of gdp measures, and whether gdp should be considered a comprehensive measure of a countries well-being.

When making broccoli cream soup, the broccoli and aromatics should be a. burned. b. simmered. c. puréed. d. sweated.

Which of the following best explains why large companies pay less for goods from wholesalers? a. large companies are able to pay for the goods they purchase in cash. b. large companies are able to increase the efficiency of wholesale production. c. large companies can buy all or most of a wholesaler's stock. d. large companies have better-paid employees who are better negotiators.