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Business, 28.12.2020 17:40 mrfishyyyy

Hannah runs a hospitality business with Ray and Susan, backed by a group of investors who provide the funding but rely on Hannah and company to operate the business. What term best describes this type of business arrangement

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Answer from: audreymarie2940

A trust

Explanation:

A trust is a kind of business that acts as a fiduciary or a trustee of property on behalf of another party.

Typical functions of a trust includes administration and management of the business.

The assets are eventually meant to be transferred to another person.

In the given scenario Hannah is running a hospitality business which she recieve backing from investors.

The investors have entrusted Hannah with the running of the business. So this is a trust

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Answer from: Quest

1. avoid them

2. a talk with them

3. ask someone you trust

4. ignore

5. call police

ansver
Answer from: Quest

answer; coefficient of correlation;

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