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Homework answers / question archive / Question 2 1 pts A test of Ho :u > 10 versus Ha : recently won the lottery and is pursuing his dream to be a photographer
Question 2 1 pts A test of Ho :u > 10 versus Ha :
recently won the lottery and is pursuing his dream to be a photographer. Dick's wife, Janine, is a real estate agent; she believes she has found an old warehouse in the industrial part of town that could be turned into their headquarters. The owner of the warehouse, Jordan, is retiring and open to the idea of selling or renting the space. How might the business be structured? What might be some of the legal issues that could arise in operating the business and selling the product? What are some of the agreements that might be needed?
1 Q2) .134
Initially it is right tailed t test, now it will be left tailed t test, so P value will remain unchanged
Q4) option 4) V(X)
V(Y) = V(-2+X)
= V(X), as V(-2)= 0
2
In this case Dickk can structure the business as Limited liability company. He should not set up his business as Sole proprietor
- On the off chance that somebody comes up to you, offers to pay $500 for a picture shoot, and works a look at to your own name for administrations delivered, at that point you're lawfully a sole ownership. All salary, costs, resources, and liabilities are under your own name. You are considered mindful.
- Which implies that in the event that someone actually chooses to sue you, perhaps for penetrate of agreement or attack of security, at that point you will by and by be considered responsible. In the event that you lose that claim, the entirety of your benefits will be in danger, including your home, your vehicle, your financial balances, and so on.
- In any case, in the event that you register your business and work as a Limited Liability Company (LLC), at that point you can isolate your business movement from individual action. Your LLC will have its own arrangement of pay, costs, resources, and liabilities, and in the event that one of your customers chooses to sue you, just the LLC's advantages will be in danger. Your home, vehicle, and so on will be sheltered.
- As such, enrolling a business restricts your own liability and this is something worth being thankful for. The main drawback is that there's desk work, there's a charge to open a LLC, and you need to comply with specific principles and guidelines. Nonetheless, the advantages incredibly exceed these bothers.
- TO enter into the photograpy business he need to be mindful of legal issues concerning the copyright laws, privacy laws , watermarks and copyright laws, licenses required etc.,
- Some agreement he will be required to enter will be making articles of association , hiring a lawyer or legal attorney to register the company and advice him on other startup aspects and customer contracts to safeguard him from claims from clients on infringement
