Which type of business organization provides the least amount of protection for bankers and other creditors of

Question:

Which type of business organization provides the least amount of protection for bankers and other creditors of a company?

a. Partnership

b. Corporation

c. Proprietorship

d. Both a and c

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial Accounting

ISBN: 978-0134725987

12th edition

Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.

See More Books

Question Posted: May 20, 2020 11:15 AM

See More Questions

For each characteristic listed, identify which type of business organization best fits the description. There may be more than one answer in some cases. The first one has been done for you as an...
Which type of business, a software company or an electric utility, would benefit more from improving ROIC than from increasing growth? Why?
What is meant by the phrase separate legal entity? To which type of business organization does it apply?
A 10.231-g sample of window cleaner containing ammonia was diluted with 39.466 g of water. Then 4.373 g of solution were titrated with 14.22 mL of 0.1063 M HCl to reach a bromocresol green end point....
The concentration of glucose in your circulatory system is maintained near 5.0 mM by the actions of the pancreatic hormones glucagon and insulin. Glucose is imported into cells by protein...
Due to the need for expanded production, Wilson and Wilson Company decides to build a new factory. The company decides to fund the investment from the sources listed below. The loan has a before-tax...
Discuss how Dr. Bronners environmental and corporate social responsibility practices drive customer loyalty.
A financial analyst is attempting to assess the future dividend policy of Environmental Systems by examining its life cycle. She anticipates no payout of earnings in the form of cash dividends during...
Take me to the text An employee had $21,800 in gross earnings up to March 20, 2021. She has the following information for her pay for the week ending March 27, 2021. Her employer contributes 100%...
Suppose General Motors (GM) stock sells for 25 dollars a share today. The stock will pay a dividend of 2 dollars at the end of the year. The annual risk free rate is 4 percent. (a) What is the...
The primary objective of financial reporting is to provide information a. useful for making investment and credit decisions. b. on the cash flows of a company.
Assets are usually reported at their a. appraised value. b. historical cost. c. current market value. d. none of the above
Instantaneous Power in a Standing Wave. From Eq. (15.21), the instantaneous rate at which a wave transmits energy along a string (instantaneous power) is Where F is the tension. (a) Evaluate f (x, t}...
Explain the key aspects of operations management decision making.
Donald owns 39 percent of the shares of an S corporation. The corporation pays $450 for a group-term life insurance policy. How is this payment reported by the S corporation and Donald?
Explain the term value-added.
How long does it to take to double your money at a given rate $r$ ? Begin with \[F V=P V e^{r t}=2 P V\] and approximate $\ln (2) \approx 0.72$ to come up with the Rule of 72 . (a) At $3 \%$,...
What ethical considerations are important in development of technology in general, as well as AI (artificial intelligence)?
The 32 15 P isotope of phosphorus has a half-life of 14.28 days. What is its decay constant in units of s 1 ?
Define the essential properties of the following types of operating systems: a. Batch b. Interactive c. Time sharing d. Real time e. Network f. Parallel g. Distributed h. Clustered i. Handheld
Transactions include the following: 1. Declaration of stock dividend. 2. Purchase of 50 percent of the outstanding stock of another company. 3. Payment of previously accrued interest payable. 4....
The December 31, 2012, balance sheet of Smedley Company is as follows: During 2013 the company entered into the following transaction:1. Common stock was issued for $ 35,000 cash.2. Services were...
Morton Manufacturing maintains a credit line with first bank that allows the company to borrow up to $1 million. A covenant associated with the loan contract limits the companys dividends in any one...
The answer of the fiurth line is not 4, 8, 32 or 40. I just need the answer for the fourth line Question 1 Memory Allocation SUBMITTED How much memory (in bytes) is taken up by the following...
Critical Thinking 10-7: Dynamic Mobile Access There are so many opportunities now for people to allow constant and dynamic connection between their mobile phone and an external (often unregulated)...
In Matlab, create a code that puts the value three-halves pi radians, 3, in a variable named "angle". Then set another variable named angleDegrees equal to a calculation that converts the value of...

Which type of business organization provides the least amount of protection for bankers and other creditors of

Question:

Step by Step Answer:

b CORPORATION Because in Corporation type of business o...View the full answer

Financial Accounting

Students also viewed these Business questions