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liability

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Q: This word means to be responsible for all debts actions or problems of an individual or business?
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What is the third concern of business forecasting?

(3) they ignore coevolution (developments created by individual actions).


Are you financially responsible for the actions of your spouse?

In belgium it's till the age of 23 that you are financially responsible for the actions of your spouse.


How government actions affect business profits?

Government is the one that implements laws, regulations, and rules that governs the whole trade and commerce industry - and so whatever their actions are, if largely affects how business and companies earn profits from consumers and through their selling.


What types of actions might pressure big business to change?

go on strike, protest, boycott items


If i fail to pay employee taxes when I'm in business can the government garnish my pay check when i get a job for those taxes?

The answer is YES they can. The payroll taxes are assessed as a Trust Fund Penalty once the business has closed. If the business is Incorporated a small percentage of the payroll tax will die with the defunct buiness but the remainder is assessed to the officers/owners of the corporation as a personal liability and therefore can become open to any collection actions the IRS deems necessary. If the business is NOT Incorporated the payroll tax becomes 100% a personal tax liability and therefore can become open to any collection actions the IRS deems necessary. The answer is YES they can. The payroll taxes are assessed as a Trust Fund Penalty once the business has closed. If the business is Incorporated a small percentage of the payroll tax will die with the defunct buiness but the remainder is assessed to the officers/owners of the corporation as a personal liability and therefore can become open to any collection actions the IRS deems necessary. If the business is NOT Incorporated the payroll tax becomes 100% a personal tax liability and therefore can become open to any collection actions the IRS deems necessary.

Related questions

This word means to be responsible for all debts actions or problems of an individual of business?

liability


What is the term for the process whereby a person is held responsible for the actions of a business?

The term for the process whereby a person is held responsible for the actions of a business is "liability." This can include legal, financial, or ethical responsibilities for the business's actions.


This word means to be responsbile for all debts actions or problems of an indviidual or business?

Liability


What is the third concern of business forecasting?

(3) they ignore coevolution (developments created by individual actions).


What statement about corporations is not true?

their shareholders are responsible for the corporation's actions and debts Their shareholders are responsible for the corporation's actions and debts Their shareholders are responsible for the corporation's actions and debts kking kkilla Their shareholders are responsible for the corporation's actions and debts Their shareholders are responsible for the corporation's actions and debts Their shareholders are responsible for the corporation's actions and debts


Deliberately blaming individuals or groups for things they really did not do is called?

Deliberately blaming individuals or groups for things they really did not do is called scapegoating. It is a form of scapegoating where people are unjustly held responsible for problems or actions they are not actually responsible for.


What fundamental principle was expressed by the war crimes tribunal at Nuremberg following world war 2?

Every individual is responsible for his/her actions.


As a parent how do I protect myself from being responsible for my teenagers actions?

You are responsible for your teenagers' actions.


Who was responsible for the actions of a thief in ancient Japan?

In ancient Japan, the individual responsible for the actions of a thief was the thief themselves. The thief was held accountable for their criminal actions, and punishment was often carried out accordingly by the authorities or through community justice systems such as the neighborhood watch or local samurai.


What is independent contributors?

An individual contributor is one who has done something on their own and not as a group. You are only responsible for your own actions versus managing a group of people.


How are the congressman responsible for their action?

how are they responsible for their actions as a congressman?


What makes man responsible for his actions?

Man is responsible for his actions due to his ability to make conscious choices and decisions based on his beliefs, values, and intentions. This capacity for rational thought and moral agency allows individuals to understand the consequences of their actions and to be held accountable for their behavior. Personal responsibility emerges from the autonomy and free will that individuals possess in determining their actions.