Question: NEED ANSWERS FOR BLANK ONLY ( CAPITAL CONTRIBUTIONS ) (UPA) A COMPARISION OF THE VARIOUS TYPES OF BUSINESS ORGIZATIONS GENERAL PARTNERSHIP LIMITED PARTNERSHIP LIMITED LIABILITY

NEED ANSWERS FOR BLANK ONLY ( CAPITAL CONTRIBUTIONS )

NEED ANSWERS FOR BLANK ONLY ( CAPITAL

(UPA) A COMPARISION OF THE VARIOUS TYPES OF BUSINESS ORGIZATIONS GENERAL PARTNERSHIP LIMITED PARTNERSHIP LIMITED LIABILITY CHARACTERISTIC SOLE PROPRIETORSHIP (RULPA) COMPANIES FRANCHISE Creation whenever they want to simple and inexpensive must file and get registration require to take the start the business to create, no need to file registered under the company act- franchise from the an application and receive a certificate company with certain of incorporation amount pay, and also depend upon a set of business like sole trader setup no legal requirement. Sharing of Profits 100 percent of profit as decided in the deed the deed of sharing sharing of profit with franchisee-franchisor and Losses and loss of sharing percentage percentage ratio shareholders paid royalties - a set % ratio as decided in of profit the deed of sharing percentage ratio Liability losses made by Partners is personally The partners are not liability is limited to the depends on set-up - may the business must be liable for business debt personally liable for amount of money they be a sole trader, Ltd paid for out of your own debts the business can't invested and shares they pocket This is called pay-their liability is hold. Unlimited Liability. limited to the amount of money they invest in the business. Capital Contributions Management full control of how your full control of full control of full control by full control of the person business is run and all management by sharing management by sharing management of the who has taken the decisions can be made the decision the decision company franchisee by you alone. Duration lasts till the time until lasts till the time until The approved exists for an unlimited or Typically, franchise the owner dies. the last owner dies. name of LLP shall be eternal duration. rights are granted for a valid for a period of 3 term of 10 years but the months from the date of term may vary approval. If the

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