Discuss the differences in the continuity of business for sole proprietorships, partnerships, and corporations.
Question:
Discuss the differences in the continuity of business for sole proprietorships, partnerships, and corporations.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
The death of an owner terminates the legal existence of a sole proprietorship Thus the possibility of the owners death may cloud relationships between ...View the full answer
Answered By
Cristine kanyaa
I possess exceptional research and essay writing skills. I have successfully completed over 5000 projects and the responses are positively overwhelming . I have experience in handling Coursework, Session Long Papers, Manuscripts, Term papers, & Presentations among others. I have access to both physical and online library. this makes me a suitable candidate to tutor clients as I have adequate materials to carry out intensive research.
4.90+
1538+ Reviews
3254+ Question Solved
Related Book For
Small Business Management Launching And Growing Entrepreneurial Ventures
ISBN: 9780357718803
20th Edition
Authors: Justin G. Longenecker, J. William Petty, Leslie E. Palich, Frank Hoy
Question Posted:
Students also viewed these Business questions
-
Compare and contrast the three major forms of private business ownership sole proprietorships partnerships and Corporations Identify the pros and cons of each there are a total of 17 pros cons...
-
Multiple Choices 1. Which of the following businesses is the least likely to be operated as a partnership? a. Accounting firms b. Doctors offices c. Lawyers offices d. Steel foundry 2. Which of the...
-
What expense do corporations incur that sole proprietorships and partnerships do not?
-
Q6) From the product_t table, return the number of rows of products with a natural ash finish OR a cherry finish Q7) From the customer_t table, return all entries with a postal code beginning with 9,...
-
The common stock of Lester Lithographic is expected to earn 9 percent in a recession, 7 percent in a normal economy, and lose 2 percent in a booming economy. The probability of a boom is 5 percent...
-
Hydroquinone, used as a photographic developer, is 65.4% C, 5.5% H, and 29.1% O, by mass. What is the empirical formula of hydroquinone?
-
A bank is considering two investment portfolios composed of a mix of government securities (federal and municipal securities). The first portfolio has a return of 6% with probability 0.9 and returns...
-
Ehrlich Co. began business on January 2, 2015. Salaries were paid to employees on the last day of each month, and social security tax, Medicare tax, and federal income tax were withheld in the...
-
Prepare Phillip and Claire's 2022 Federal Tax Return, and fill out the following forms: Form 1040, Schedule 1, Schedule 2, Schedule A, B, C, D, SE, Form 8949, Form 8995 TAXPAYER INFORMATION 1....
-
Julie and Diane are starting a new company decorating wedding cakes that are unique in their design and structure. Both women are certified chefs and have 10 years of experience between them. They...
-
Identify the three most basic forms of legal organization used by small businesses. What are the factors one must consider when choosing a legal form of organization?
-
Suppose your company imports computer motherboards from Singapore. The exchange rate is given in Figure. You have just placed an order for 30,000 motherboards at a cost to you of 229.50 Singapore...
-
Review potential avenues for addressing the difficulties associated with human resource planning in order to enhance its operational viability.
-
An investor has a base \(10 \log\) utility function: \(U(x)=\log _{10}(x)\). Investment 1 has payoff \((1,100)\) with probabilities \((0.8,0.2)\). Investment 2 has payoff \((10,1000)\) with...
-
What factors have contributed to the relatively low level of importance attaching to management development?
-
A stock trading at \(\$ 100\) per share can be financed at the continuously compounded interest rate of \(5 \%\) per annum. (a) What is the 1-year forward price of the stock if it pays quarterly...
-
Before reading on, how would you critique Garavans depiction of SHRD as summarised in Key Concepts 10.2? Key Concepts 10.2: 1. Integration with organisational missions and goals where HRD is...
-
In July 2013, cnet.com listed the battery life (in hours) and luminous intensity (i. e., screen brightness, in cd/m2) for a sample of tablet computers. We want to know if screen brightness is...
-
Use translations to graph f. f(x) = x-/2 +1
-
What factors should business owners consider when deciding to manage their own website and online sales versus contracting for the service?
-
Would you suggest that Fredenburgmake any changes or additions to the executive summary? If so, what do you suggest?
-
What do you like about this executive summary? What do you dislike? Hyper Wear was founded in 2008 to participate in the functional fitness market, along with such recognized brands as CrossFit and...
-
Explain the C's of credit-Working Capital Management, Current Asset Management, and Current Liabilities.
-
A friend loans you $1000 with the agreement that yo payback the principal plus interest at the end of year 2. the loan has a simple interest rate of 6%, at the end of year 2 how much interest will...
-
Last year Power Electric Industries earned $3.80 earnings per share. Common stock sold for $65.00, the last approved dividend was $2.50 per share, and a 9% float cost would require selling new common...
Study smarter with the SolutionInn App