What advantages and disadvantages are associated with each major business form?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (13 reviews)
Advantages of the sole proprietorship include the proprietor receiving all of the profits and the ea...View the full answer
Answered By
Fahmin Arakkal
Tutoring and Contributing expert question and answers to teachers and students.
Primarily oversees the Heat and Mass Transfer contents presented on websites and blogs.
Responsible for Creating, Editing, Updating all contents related Chemical Engineering in
latex language
4.40+
8+ Reviews
22+ Question Solved
Related Book For
Business Law Today The Essentials
ISBN: 978-0324786156
9th Edition
Authors: Roger LeRoy Miller, Gaylord A. Jentz
Question Posted:
Students also viewed these Business Law questions
-
What advantages and disadvantages are associated with the sole proprietorship?
-
What advantages and disadvantages are associated with the use of client/server computing?
-
What key advantages and disadvantages are associated with holding companies? What is pyramiding and what are its consequences?
-
In the game of chess, if a board position is repeated three times with the same side to move, the side to move can declare a draw. Describe how you could test this condition using a computer program.
-
Prove that, if it exists, the adjoint of a linear function is uniquely determined by (7.74).
-
The following is information related to the Accounts Receivable accounts of Gulistan AG during the current year 2022. 1. An aging schedule of the accounts receivable as of December 31, 2022, is as...
-
Suppose that there are no storage costs for crude oil and the interest rate for borrowing or lending is 4% per annum. How could you make money if the June and December futures contracts for a...
-
Examine the following summary of the U.S. balance of payments for 2000 (in $ billion) and fill in the blankentries. Debits 1,418.64 774.86 352.90 - 1,809.18 Balance on current account 3 securities...
-
1) The inlet velocity in an axial compressor blade row is purely axial, V = 150 m/s. The blade speed is 180 m/s and the relative outlet angle is = 30. Assuming constant axial velocity through the...
-
Refer to Exercise 12-25. Stanmore Corporation makes a special-purpose machine, D4H, used in the textile industry. Stanmore has designed the D4H machine for 2017 to be distinct from its competitors....
-
What are some of the major forms of business organization used by entrepreneurs in the United States?
-
Why have limited liability companies and limited liability partnerships come into widespread use in recent years?
-
A restaurant association says the typical household in the United States spends a mean amount of $2628 per year on food away from home. You are a consumer reporter for a national publication and want...
-
The importance of trust in business Its hard to quantify exactly how important trust is for a business. For business owners, a lack of trust is your biggest expense. It may take years for a manager...
-
1. Between using book weightings or market weightings, which weighting should be used in calculating the WACC for a project? Explain.
-
The amount of interest for the first 70 days was found to be $204.17. Subtract this accumulated interest from the first partial payment of $1,500. This difference will be the amount by which the...
-
ok so I am buying theses vehicle i will put their cost of buying that is 8000 dollars under vehicle so what will I put in opening inventory
-
Walmart's organizational structure determines the company's business activities. Currently, these activities are mainly in the retail industry, including operations in the e-commerce market. The...
-
Find a formula for the partial sum S N of and show that the series diverges. 00 SN of (-1)"-1 n=1
-
Multiple Choice Questions: 1. The largest component of aggregate demand is? a. Government purchases. b. Net exports. c. Consumption. d. Investment. 2. A reduction in personal income taxes, other...
-
Applying the allowance method (percent-of-receivables) to account for uncollectibles The Accounts Receivable balance for Lake, Inc. at December 31, 2023, was $20,000. During 2024, Lake earned revenue...
-
If neither Thompson nor Morris had any experience in the business of cattle trading, how might the result in this case have been different?
-
Suppose that the transactions in which Thompson acted as an order-buyer had occurred in other countries. Would the court have still ruled that Thompson was a merchant? Why or why not?
-
How does the UCCs obligation of good faith relate to the application of the principles concerning additional terms?
-
John and Marnie, a married couple who file jointly, sold 3 stocks from their portfolio this year and used the funds as a down payment for a new car. On April 20, 2019, they purchased 23 shares for...
-
XYZ Corporation is considering a capital budgeting project and requires a detailed analysis. The company has provided you with the following financial information and ratios: Return on Investment...
-
The auditor has pointed out to the client that there is a significant deficiency in their internal control. Does this deserve attention from management?
Study smarter with the SolutionInn App