Mack is an oil executive. He wants to start a new company with different partners to explore some drilling opportunities. His attorney advises him about the various business forms. When discussing the llc form, his attorney mentions that one of the biggest disadvantages of the llc form is that?.

Answers

Answer 1

When discussing the LLC form, his attorney mentions that one of the biggest disadvantages of the LLC form is that there is no uniform law governing LLCs in the United States. The correct answer is option(c).

The US equivalent of a private limited company is a limited liability corporation. It is a sort of business structure that combines a corporation's restricted liability with a partnership's or a sole proprietorship's pass-through taxation.

The main advantage of an LLC is evident by its name: limited liability protection. Businesses run by LLCs may allow owners to shield their personal assets from debts and legal actions brought against the company. Due to the legal separation between an LLC and its owners, an LLC restricts this personal liability. Although you could lose the money you put into an LLC, personal assets like your house and bank account cannot be utilized to collect on business debts.

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The complete question is:

Mack is an oil executive. He wants to start a new company with different partners to explore some drilling opportunities. His attorney advises him about the various business forms. When discussing the LLC form, his attorney mentions that one of the biggest disadvantages of the LLC form is that

a. it is taxed like a partnership, unless the members choose differently

b. its members have limited liability for LLC debts

c. there is no uniform law governing LLCs in the United States

d. LLC members pay no taxes


Related Questions

The first ten amendments, known as the Bill of Rights, protect individual freedoms
and limit the power of the federal government. What amendment limits the powers
of the state government and extends Bill of Rights' due process protections to
citizens of a state?
A) 12th Amendment
B) 14th Amendment
C) 15th Amendment
D) 17th Amendment

Answers

Answer: 14th Amendment

Explanation:

based on the structure of systematic interventions designed to enhance the learning environment and improve outcomes for students, what level is considered a universal level of intervention? group of answer choices

Answers

It is intended to create school-wide and classroom environments that meet the requirements of 80% of students through universal prevention or universal level of intervention.

An explanation of a Tier 1 intervention

All kids have access to Tier I behavioral supports, which are behavioral techniques. These treatments lay the groundwork for classroom behavior. Without them, educators won't be equipped to reward good behavior or correct bad behavior.

What does educational Tier 1 support entail?

Due of this, terminology specific to schools was created for certain types of support: Universal or core training makes up Tier 1. Targeted or strategic instruction or intervention represents Tier 2. Intensive instruction/intervention is the third level.

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In what way does the passage accurately represent real medieval pardoners?
the passage shows that pardoners often sold indulgences for perso

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The passage accurately represent real medieval pardoners "were officially authorized by the Church"' so option C is the correct answer.

Who was medieval pardoners ?

A pardoner was a person who sold indulgences or pardons from the pope. In the early Church, a penitent was required to fast or perform other acts of penance for a certain number of days, depending on the seriousness of his fault, before he could receive absolution. Later, a donation to a charity that had been approved was accepted as the equivalent of a certain number of days of penance, and the receipt for the donation was known as an indulgence or pardon.

Hence, "The passage shows that pardoners were officially authorized by the Church", so option C is the correct answer.

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Your question is incomplete but most probably your full question was

In what way does the passage accurately represent real medieval pardoners? The passage shows that pardoners often sold indulgences for personal gain. The passage shows that pardoners were not allowed to sell relics. The passage shows that pardoners were officially authorized by the Church. The passage shows that pardoners had close relationships with local priests.

Under which catagory of crimes does failure to act as per one’s legal duties fall

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Statutes category of crimes fails to act as per one’s legal duties fall.

A prison duty is a duty, created via law or agreement. A legal obligation requires someone to conform their movements to a selected standard. And it also incorporates with it a reputation that the law will put in force this duty for the gain of other individuals to whom this duty is owed.

Duties are moral obligations, on the part of other individuals, to appreciate those rights. The people also had certain rights and are under a moral duty to apply them well for the not unusual truth. Rights and responsibilities are in the end based totally upon the same ethical laws and relations.

For instance, to steer an ethical lifestyle, obey the parents and the lecturers, talk about reality, to serve the needy and terrible are the moral obligations of humans. If a person does now not perform his responsibilities, he cannot be punished with the aid of the kingdom. on the other hand, criminal obligations are the duties that are imposed by way of the nation.

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In the united states, power is shared between the national government and the state governments. what is this system of sharing power between the levels of government called? question 5 options: democracy federalism republicanism executive power

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If in the united states, power is shared between the national government and the state governments. this system of sharing power between the levels of government called : b. federalism.

What is federalism ?

Federalism can be defined as system of government in which power are distributed among two different government which is the national  government and the state government .

One of the advantage of federalism system of government is that it help to unite or lead to unity among states and it help to effectively manage conflict or disagreement  when it arises and one of the disadvantage is that it can tend to lead to social inequality.

The correct option is B because federalism has to do with the  sharing power among states government as well as national government.

Therefore If in the united states, power is shared between the national government and the state governments. this system of sharing power between the levels of government called :  federalism.

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Bacteria in your body outnumber your cells 10 to one.
True or false

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True!

Microorganism in the body outnumber its own cells by a lot!

according to the federal regulations, research is eligible for exemption, if the research falls into one of eight categories of research activity described in the regulations.

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Research can be exempted from federal restrictions if it fits into one of eight types of research activity listed in the regulations. Excluding research.

If a study project fits into one or more of the eight categories listed by the IRB, it may be excused from review.Interviews and anonymous surveys are a couple of the categories.Which of the following does the IRB not take into account when approving a study?

The IRB should not include potential long-term consequences of putting research findings to use (such as potential impacts on public policy) among the research hazards that fall within its jurisdiction.

What are the three IRB types?

Before any data is collected, all projects that fall within the definition of research and include human subjects must be reviewed by IRB in order to identify the proper degree of scrutiny and, if necessary, to receive approval. Exempt, Expedited, and Full reviews are the three main categories.

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A serologic test for syphilis that depends upon the detection of cardiolipin-lecithin-cholesterol antigen is:___.

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A serologic test for syphilis that depends upon the detection of cardiolipin-lecithin-cholesterol antigen is: RPR VDRL CARBON test.

Syphilis

Syphilis is an infection transmitted through sexual contact caused by the bacteria Treponema pallidum subspecies pallidum. The signs and symptoms of syphilis differ depending on which stage it is in. The initial stage is often characterised by a single chancre (a hard, painless, non-itchy skin lesion measuring between 1 cm and 2 cm in diameter), though several sores may be present. Secondary syphilis causes a widespread rash that commonly involves the palms of the hands and soles of the feet. Sores in the mouth or vagina may also occur.

The RPR VDRL CARBON test is a non-treponemic serologic cardiolipid test for the rapid identification of Syphilis. To improve visual reading, the reagent contains a solution of cardiolipin/lecithin/cholesterol and carbon particles.

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the leader behavior description questionnaire (lbdq)-xii assesses behaviors such as being able to tolerate uncertainty and acting as a representative for a group

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The LBDQ-XII evaluates behaviors like the capacity to handle uncertainty and serving as a group representative. Job-centered and employee-centered behaviors were viewed as being at opposite extremes of a single continuum of leadership behavior by researchers at the University of Michigan.

What are some instances of leadership?

Inspires confidence and trust in the group's other members. A store manager guiding the group to increased sales is an illustration of leadership. The capacity to take charge of a situation and direct others is an illustration of leadership.

Why is leadership so important?

Leading an organization's resources toward increased efficiency and goal achievement is a crucial management job. Clear objectives are provided by effective leaders, who also inspire and direct their teams to accomplish the organization's goals.

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the theories, hypotheses and conclusions that we draw on to interpret human thinking and behavior in different cultures, even as social scientists, can be culture-bound. in other words, ...

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The theories, hypotheses, and conclusions that we draw to interpret human thinking and behavior in different cultures, even as social scientists, can be culture-bound. In other words, human behavior around the world applying universal hypotheses and theories to each study, to humankind in all its diversity and periods.

Most anthropologists define culture as a shared set of (implicit and explicit) values, ideas, concepts, and behavioral norms that enable a social group to function and maintain itself.

To comprehend the origins and effects of human behavior, sociology and anthropology require the systematic study of social life and culture.

A particular group of people's common values, beliefs, and norms are referred to as their culture. Thus, culture has an impact on how we learn, live, and behave.

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Beginning physics students are often taught the basic concepts of thermodynamics with two phrases: first, you can never win. second, you can never break even. explain.

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Nothing can be created from nothing since nothing means energy is conserved.

Because entropy always rises, you can never return to the same energy level.

What is entropy?

Entropy is a measure of a system's thermal energy per unit temperature that is not available for meaningful work. Because work is obtained from organized molecular motion, the amount of entropy is also a measure of a system's molecular disorder, or unpredictability.

Why is entropy so important?

It aids in determining an object's thermodynamic condition. A little thought will reveal that when a spontaneous process occurs, it moves from a less probable to a more probable condition. It expresses the condition of a body in the same way as temperature, pressure, volume, internal energy, and magnetic behavior do.

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According to erving goffman, we engage in a _____ when we use costumes, props, tone of voice, and gestures to convey information to others.

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According to erving goffman, we engage in a performance when we use costumes, props, tone of voice, and gestures to convey information to others.

What is a theatrical performance?

Theatrical performance encompasses those actions that, both on and offstage, help us comprehend the specifics of our own internal workings.This knowledge of human behavior demands sufficient instrumentalization .The fact is that theatre is exactly the same size as life, neither larger nor smaller in contrast to the magnified image on a giant screen or the reduced image on a television or computer.It allows for the potential of understanding one's own mental processes. The form itself is life-size, and that is how we see it, even when its issues and concerns may have enormous dimensions.

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The argument that the highest correlation between personality and behavior or behavior and behavior is. 30 to. 40 led many psychologists to what conclusion?.

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Based on the debate that the highest correlation between personality and behavior is. 30 to. 40, many psychologists concluded that personality traits are not valuable in predicting behavior.

According to this argument, some psychologists have concluded that true personality does not exist. The data suggests that the relationship between behavior and personality traits is less than perfect as people tend to express their personality in different ways. Hence, personality traits have little or no relationship to molding behavior.

For example, people with an extroversive personality trait can become actors, teachers, salesperson, or criminals. The behavior varies between these people, but the personality trait is similar.

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As a speaker, you need to select a topic that you may adequately address in the time that you have been given. You need to narrow your focus or the _____________ of the topic.

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As a speaker, you need to select a topic that you may adequately address in the time that you have been given. You need to narrow your focus or the scope of the topic.

Who is a speaker?The presiding officer, often known as the chair, of a deliberative assembly, particularly a legislative body, is the speaker. In England, the term was first used in 1377.The phrase was originally used to characterise Thomas de Hungerford's position in the English Parliament in 1377.The speaker's formal duties include presiding over discussion, deciding on rules of order, declaring the results of voting, and other similar tasks.The speaker controls who is allowed to speak and has the authority to reprimand members who disobey the rules of the chamber or house.In ceremonial settings and in some other contexts, the speaker frequently serves as the physical embodiment of the body and the voice of the body.

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is an influence or authority over other people, territories, or nations.a.social protestc.political powerb.political motived.social commemoration please select the best answer from the choices providedabcd

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Option (b) political power is correct.

Political power is an influence or authority over other people, territories, or nations.

What is political power?

Political influence is the capacity to modify people's conduct and/or shape the course of events. Political influence gives individuals or groups the ability to shape societal norms, functions, and policies.

Political power is characterized as social causality, in which one actor influences another's conduct. There are various forms of social causation discussed, including "intentionality," "suggestion," "coercion," and various costs of power.

It is important to note that even while political power is tremendous, democracy's oversight mechanisms ensure that it is subject to checks and balances.

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the campaign suggests that joining the armed forces is the royal road to the fulfillment of one’s potential, or in the words of the humanists.

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The campaign suggests that joining the armed forces is the royal road to the fulfillment of one’s potential, or in the words of the humanist's self-actualization

What is self-actualization?

According to Maslow, self-actualization is "self-fulfillment or the propensity for him to realize what he is truly capable of. The urge to become more and more of who one already is and all that one is capable of becoming might be used to describe this tendency. He used the phrase to refer to a desire—not a motivating factor—that might result in reaching one's potential. He did not believe that self-actualization defined one's life, but rather that it provided the motivation to pursue unfulfilled dreams. The typical interpretation of Maslow's concept of self-actualization is "the full realization of one's potential" and of one's own "genuine self

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Why is the change in business inventories part of investment spending?

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They are a type of investment, sometimes referred to as involuntary investment, because the change in inventories is a flow equal to the change in the stock of unsold items.

A portion of the gross domestic product (GDP) is investment in inventory. Naturally, what is created in a country ultimately finds its way into the market, although some of the products produced in a particular year could be sold in the next year rather than the one in which they were made. In contrast, some of the products that are sold in a particular year may have been made in a previous year. Inventory investment is the difference between the amount of products produced and sold in a particular year. Although the idea may be used with either the economy as a whole or a specific company, macroeconomics is where it is most often used (economy as a whole). Unintentional product inventory raises inventory investment.

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the crime control model believes that punishment will serve as a deterrent to crime, but there must be expedience and finality in the courts to ensure the deterrent effect.

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'True, the crime control models believes that punishment will serve as a deterrent to crime, and there must be expedience and finality in the courts to ensure the deterrent effect'.

The crime-control model places a focus on the consistent punishment of offenders in accordance with the seriousness of their offenses and the standardized, quick processing of defendants through the legal system. According to this theory, criminal charges and arrest usually suggest guilt.

The criminal justice system's arrest and punishment of the offender as a way of preventing crime and suppressing criminal behavior is emphasized in policies based on the crime-control paradigm.

The question is incomplete, the complete question is:

the crime control model believes that punishment will serve as a deterrent to crime, but there must be expedience and finality in the courts to ensure the deterrent effect.

true or false.

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Janice made a bad decision and lost her phone while she was drinking. According to the encoding specificity principle, under what conditions will she most likely remember where she left her phone?.

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Janice had made a bad decision and lost her mobile while drinking water. She will most likely to remember where she left her phone when she is drinking water according to the encoding specificity principle.

The encoding specificity principle demonstrates how memories are connected to the environment in which they are formed. It claims that when you are in the same environment where you learned or studied the material, it is simpler to recall it.

Examples of how the encoding specificity principle is applied include studying in the same space as a test and how it is simpler to retain knowledge when inebriated.

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Dr. Jones is a psychologist who notices that his colleague, dr. Walden, has a serious problem with drugs and is still practicing without being in treatment. Dr. Jones is ethically obligated to?.

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Dr. Jones is a psychologist who notices that his colleague, dr. Walden has a serious problem with drugs and is still practicing without being in treatment. Dr. Jones is ethically obligated to option(b) i.e, approach Dr. Walden and intervene to the extent necessary.

A psychologist is a specialist in psychology who examines mental states, perceptions, cognitive, emotional, and social processes in addition to behavior. They frequently carry out studies, watch how individuals interact with their surroundings, and then interpret what they perceive. Psychologists can help people with chronic diseases, stress management, and addiction recovery. They can also perform exams and assessments that can be used to find illnesses or understand a person's personality.

Psychologists evaluate, diagnose, and treat the psychological problems and behavioral dysfunctions brought on by or related to physical and mental health. They also play a big part in the encouragement of healthy habits, the prevention of illnesses, and the improvement of patient quality of life.

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The complete question is:  

Dr. Jones is a psychologist who notices that his colleague, Dr. Walden, has a serious problem with drugs and is still practicing without being in treatment. Dr. Jones is ethically obligated to ______.

a.) not do anything until the police are involved.

b.) approach Dr. Walden and intervene to the extent necessary.

c.) wait until Dr. Walden comes to him.

d.) keep silent to protect confidentiality.

Native Americans did not learn to domesticate animals until the Europeans
arrived with their domesticated animals.
OTrue
O false

Answers

Answer:

True

Explanation:

Europeans came with domesticated horses which was the first tamed animal that Native Americans experienced.

The city or county government collects delinquent property taxes by auctioning a?

Answers

The city or county government collects delinquent property taxes by auctioning a property tax certificate.

In the world of finance, a delinquent tax position is one in which the borrower is behind on a tax, bond, mortgage, load, or other payment. However, not all payment delays result in the borrower being labelled as delinquent; rather, only delays of more than 30 days are regarded as delinquent accounts.

An ad valorem tax on the value of a property is known as a property tax or millage rate. The governing body of the region where the property is located is responsible for collecting the tax. A town, a county, a federated state, or the federal government are all examples of this.

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Describe how much of a good or service producers will offer for sale under given circumstances

Answers

Demand is the amount of an item or service that manufacturers will supply for sale given certain conditions.

What is a producer of goods or services?

The terms "producer" and "consumer," like many other words in the English language, have several different interpretations. A producer is generally defined as someone who creates or manufactures something, like a factory that makes garments or a farm that raises vegetables.

A consumer is often defined as someone who purchases or consumes a product, such as someone who purchases groceries or clothing from a store. There are certain definitions of these terms when it comes to science. In the scientific community, producers and consumers collaborate closely to support an ecosystem. Organisms in food chains and food webs are made up of producers and consumers in biology.

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why are droughts a problem for farmers in the sahel?

Answers

Insufficient rain-fed irrigation means that crops fail or are destroyed, while livestock struggle to find water for drinking and sufficient pasture.

Remember that transcendentalism and romanticism were rejections of the scientific thinking of the enlightenment. based on what you know about transcendentalism, what beliefs did transcendental writers hold? check the three boxes that best apply. the unity of all things the importance of learning from others’ experiences the importance of nature the innate goodness of people the superiority of empirical thought

Answers

The oneness of all things is one of the transcendental authors' core ideas, according to information in the context of transcendentalism.

The unity of all things.

The value of the natural world.

The inherent kindness of individuals.

Describe transcendentalism.The authors and thinkers of New England experienced a period in the 19th century. Transcendentalism is the term given to this period.The loosely bound, which included but wasn't limited to a set of ideals, was the cause of this event. but only a sort of notion. The belief that underpins this notion.A philosophical movement that emerged in the 1820s and 1830s was the umbrella under which the entire event was held.Because of the concept that it is the fundamental building block of all things, as well as the inherent goodness of people and the superiority of intuition over reason and experience.

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Briefly discuss the philosophies of John Locke and Thomas Hobbes. Who’s philosophy do you agree with more? Why?

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Hobbes thought that people should use their reason to break away from nature and surrender to the total power of the king. Locke thought that people exercised their three basic rights—life, liberty, and property—using their reason.

John LockeFundamental human right

This is further explained below.

What are the philosophies of John Locke and Thomas Hobbes. ?

Generally, According to Hobbes, people should use their reason to break away from nature and bow to the king's unquestionable power.

According to Locke, individuals exercise their three essential rights—life, liberty, and property—using their reason.

In conclusion, You should consider agreeing with Locke as he focuses on the fundamental human rights

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How can philosophy be useful in daily life?

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Philosophy assists us in finding solutions to our problems, whether they be straightforward or complex, and it improves our ability to think critically (very important in the age of disinformation).

The systematic study of broad and fundamental issues, such as those pertaining to existence, reason, knowledge, values, the mind, and language, is known as philosophy. These queries are frequently framed as issues that need to be investigated or solved.

The ability to solve problems is improved by studying philosophy. It enhances our ability to categorize concepts and problems, deal with ethical dilemmas, and sift through voluminous data to find the key information. The application of philosophy is a process that benefits society as a whole. It fosters cross-cultural understanding and increases the demand for universal access to high-quality education.

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wilma has been feeling sad for no apparent reason, and she has lost interest in many of the activities she once enjoyed. while she is able to function and solve problems at home and at her job, she has trouble finding the motivation just to get through the day. she spends her free time at home because it seems like it is just too much trouble to get out of the house.

Answers

According to the DSM, Wilma is suffering from major depressive disorder. Some of the symptoms that exemplify this disorder include having trouble finding the motivation throughout the day, losing interest in many of the activities she once enjoyed, and feeling sad for no reason. She does not feel like leaving the house because it seems like it is too much trouble. According to the cognitive theory, depressed people think differently from normal people and they tend to view the world pessimistically. A therapist using a cognitive approach would help Wilma think more positively.(COMPLETE QUESTION)

It has an effect on your feelings, ideas, and behavior and may result in a variety of mental and physical health problems.

Wilma has an extreme depressive disorder, according to the DSM. One of the symptoms of this illness is having trouble staying motivated throughout the day, losing interest in many of the things she used to enjoy, and going through periods of sudden grief. She doesn't feel like leaving the house because she thinks it would be too much trouble. According to the cognitive hypothesis, depressed people think differently than healthy people and have a pessimistic attitude on life. With the help of a therapist who uses a cognitive technique, Wilma can think more cynically.

What does "depressive disorder" actually mean?

Chronic melancholy is characterized by a persistent depressed moodand interest loss.

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A narrow strip of land having water on either side is called a(n):

Answers

Answer:

An Isthmus

Explanation:

An isthmus is a narrow strip of land that connects two larger landmasses and separates two bodies of water.

When ilana was considering different brands of pocketbooks to buy, she could think of only three she would actually consider purchasing. These three brands make up her ________ set.

Answers

Answer: Evoked

Explanation:

When Ilana was considering different brands of pocketbooks to buy, she could think of only three she would actually consider purchasing. These three brands make up her evoked set.

What do you mean by evoked set?

An evoked set is simply the collection of brands that consumers think about when they are in need of a certain item or service. Based on how consumers view these companies and their brand equity with consumers, they are regarded as acceptable. Both previously purchased brands and brands that the customer has never used can be part of the evoked set.

Brands that are associated with a consumer's evoked set have the chance to win them over as new or returning clients. Brands must achieve this position in the eyes of their intended market in order to market their good or service.

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