Question: Gates is a freelance software developer and has never chosen a specific business organization. Can Gates incorporate hi business? Yes, this would be the incorporation

Gates is a freelance software developer and has never chosen a specific business organization. Can Gates incorporate hi business?
Yes, this would be the incorporation of a sole proprietorship.
No, the law requires at least two people to be shareholders of a corporation.
No, the law does not permit a person to, in effect, incorporate himself.
Only if he forms an S Corporation.
Gates is a freelance software developer and has never chosen a

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Access the Data Analytic worksheet at www.wiley.com/go/pratt/financialaccounting 11e and compute the rate of growth from 2017 to 2018 and from 2018 to 2019 in "Sales" (from the income statement data)...

Q:

Gates is a freelance software developer and has never chosen a specific business organization. Can Gates incorporate his business?

Q:

Hi I know you opted out of an earlier question. I have several open questions. I really need to get them in. Would you be willing to take any of these questions? I have been waiting for 3 days. I...

Q:

I need to get help with this case study PwC Case Studies in Taxation, 2013, PwC, LLP FLATIRONS, INC. Flatirons, Inc. (dba Flatirons Flapjacks Caf) specializes in unique breakfast and brunch menus and...

Q:

I really need help with this question. I have been trying to get it answered for days. ref Mimi PwC Case Studies in Taxation, 2013, PwC, LLP MIMI'S CUPCAKES Your business tax client, Mimi...

Q:

I've attached the quesiton as a word file, thanks! JWCL165_c11_506-567.qxd 8/12/09 7:54 AM Page 506 11 Corporations: Organization, Stock Transactions, Dividends, and Retained Earnings Chapter STUDY...

Q:

Can you please help me with this question Bearden PwC Case Studies in Taxation, 2013, PwC, LLP BEARDEN'S SPECIALTY PRODUCE, INC. Your client, Frank Bearden, owns an Arkansas business that brokers...

Q:

Hi Sara Hope you are doing well. I need to prepare Ratio Analysis for eBay company and Amazon. I uploaded the most recent 10-K report for the most recent years, 2014 to 2016. Please let me know if...

Q:

Hi Sara Hope you are doing well. I need to prepare Ratio Analysis for eBay company and Amazon. I uploaded the most recent 10-K report for the most recent years, 2014 to 2016. Please let me know if...

Q:

Hi Sara Hope you are doing well. I need to prepare Ratio Analysis for eBay company and Amazon. I uploaded the most recent 10-K report for the most recent years, 2014 to 2016. Please let me know if...

Q:

Hi Sara, Please find my attachments for your information. Thank you Masoumeh P 3-2 P 3-2 The following information was obtained from the accounts of Lukes, Inc., as of December 31, 2012. It is...

Q:

Addie's grandfather has left them a trust and the value of the money they receive depends on the age choose to collect this gift of money. Their options are given in the table below. Payoff at age 19...

Q:

As noted in Table 3.1, the pKa of acetone, CH3COCH3, is 19.2. In Table 3.1 (a) Draw the bond-line formula of acetone and of any other contributing resonance form. (b) Predict and draw the structure...

Q:

Ch 1 6 Revenue and Expense Accounts [ LO 1 6 - 1 , LO 1 6 - 2 ] Revenue and Expense Accounts Read the overview below and complete the activities that follow. When a traditional audit begins with the...

Q:

2. The force of interest 8 is a function of time and at any time t, measured in years, is given by the formula: 8(t) = 0.02 +0.0020 8(t) = 0.03 +0.005t Osts5 5 st s 10 a) Calculate the discount...