How does the position of a limited company compare with that of a human person regarding liability
Question:
How does the position of a limited company compare with that of a human person regarding liability for commercial debts?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
In essence there is no difference between the position ...View the full answer
Answered By
Zablon Gicharu
I am an educator who possesses the requisite skills and knowledge due to interacting with students for an extended period. I provide solutions to various problems in step-by-step explanations, a well-thought approach and an understandable breakdown. My goal is to impart more straightforward methodologies and understanding to students for more remarkable achievements.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
"internet radios" for streaming audio, and personal video recorders and players. Describe design and evaluation processes that could be used by a start-up company to improve the usability of such...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
An automobile is traveling at 60.0 km/h. Its tires have a radius of 33.0 cm. (a) Find the angular speed of the tires (in rad/s). (b) Find the angular displacement of the tires in 30.0 s. (c) Find the...
-
When Ségolne Royal was running unsuccessfully for president of France, she proposed that workers who lost their jobs would receive unemployment payments equal to 90 percent of their previous...
-
Some people argue that price indexes do not reflect the improvements in quality of the products we buy. Would this limitation cause estimates of inflation to be too high or too low?
-
Quilts R Us (QRU) is considering investing in a new patterning attachment with the cash flow profile shown in the table below. QRU's MARR is 13.5 percent/year. a. What is this investment's external...
-
1. What capabilities of an ERP system would be useful for a company like Just Sofas? 2. Describe the environment under which the ERP system was being implemented. Was due diligence conducted in...
-
= Suppose f(z) is analytic for |z| < 3. If |(z)| 1, and (i) (1) = 0, what is the maximum value of |f(0)|? For which func- tions is the maximum attained?
-
How does the position of a shareholder in a limited company differ from that of a sole trader?
-
What factors seem likely to explain the popularity of the limited liability company as the legal form of so many UK businesses?
-
Can you invent any new kinds of debt that might be attractive to investors? Why do you think they have not been issued?
-
2. ABC mutual fund has the following portfolio (named A) of options: 5727 OPTION Call Call Put Call (1) 2 iii) POSITION (No. Of Options Held) -1500 -1000 -3000 -1000 The following options are also...
-
Which group approves the Official Guidelines for Coding and Reporting?
-
Your investment strategy is to maximize expected return but with a risk level (standard deviation) that does not exceed 15%. Since you are a CAPM believer you hold a combination of the market...
-
Goran owns a medical clinic that has a cost of capital of 15.73 percent. The medical clinic is expected to produce annual cash flows of 65,967 dollars for 5 years. The first annual cash flow of...
-
A 0.30T magnetic field points in the axis. A 1.5 C charge enters the region with a speed of 4.0m/s making a 30, degree angle with the x-axis. What is the magnitude of the force experienced by the...
-
(Computation of Prior Service Cost Amortization, Pension Expense, Journal Entries, and Net Gain or Loss) Aykroyd Inc. has sponsored a noncontributory-defined benefit pension plan for its employees...
-
Privitera and Freeman (2012) constructed a scale to measure or estimate the daily fat intake of participants; the scale was called the estimated daily intake scale for fat (EDIS-F). To validate the...
-
Why might this be an important sanction against a non-compliant company?
-
Can you think of a reason why directors pursuing their own interests may be a problem for society as a whole?
-
Rose Limited operates a small chain of retail shops that sells high-quality teas and coffees. Approximately half of sales are on credit. Abbreviated and unaudited financial statements are as follows:...
-
On December 31, Hawkin's records show the following accounts. Cash Accounts Receivable $ 6,100 1,100 Supplies 4,000 Equipment 15,000 Accounts Payable 6,500 Common stock 11,900 Retained earnings,...
-
x and... ad Current Attempt in Progress This information relates to Sandhill Co. for the year 2022. Retained earnings, January 1, 2022 $95,100 Advertising expense 2,560 Dividends 8.520 Rent expense...
-
1. Prepare a flexible budget performance report for 2019. (Indicate the effect of each variance by selecti unfavorable, and No variance.) Variable costs Fixed costs PHOENIX COMPANY Flexible Budget...
Study smarter with the SolutionInn App