What are the specific advantages and disadvantages associated with each primary legal form of organization?
Question:
What are the specific advantages and disadvantages associated with each primary legal form of organization?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (12 reviews)
Sole proprietorship Advantages Disadvantages Ease of formation Unlimited liability Sole ownership o...View the full answer
Answered By
Branice Buyengo Ajevi
I have been teaching for the last 5 years which has strengthened my interaction with students of different level.
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Entrepreneurship Theory Process and Practice
ISBN: 978-1285051758
9th edition
Authors: Donald F. Kuratko
Question Posted:
Students also viewed these Finance questions
-
What are the major advantages and disadvantages associated with the corporate form of business ownership?
-
What are the general advantages and disadvantages associated with obtaining information by questioning and by observation? Which method provides more control over the sample?
-
What are some of the advantages and disadvantages associated with a firms expansion into international markets?
-
The strike price of a compensation option is generally set on the day the option is issued. On November 10, 2000, the CEO of Analog Devices, Jerald Fishman, received 600,000 options. The stock price...
-
Describe cohort analysis. Why is it of special interest?
-
Boreki Enterprises has the following 10 items in inventory. Theodore Boreki asks you, a recent OM graduate, to divide these items into ABC classifications. Develop an ABC classification system for...
-
We first study 3-PBA, a commonly used insecticide found in grains, fruits, and vegetables. How much higher are 3-PBA concentrations while not eating organic versus eating organic? A bootstrap...
-
Elaine Jackson just had a visit from her cousin Phil. He wanted to apologize. Last year he had regaled her with stories about a small company he had discovered that had just invented a high-tech...
-
What role does supplier relationship management play in fostering strategic partnerships and collaborative innovation within supply networks, particularly in industries characterized by rapid...
-
By what amount will the market value of a Treasury bond futures contract change if interest rates rise from 5 to 5.25 percent? The underlying Treasury bond has a duration of 10.48 years and the...
-
When may a trademark be invalidated? Explain.
-
What is the nature of an S corporation? List five requirements for such a corporation.
-
What is the purpose of the laws of distribution? a. To guide the distribution of personal property when an individual dies without a will. b. To verify the legality of a will, especially an oral...
-
Suppose that a company pays its workers $20 per hour and provides an additional $2 per hour worth of fringe benefi ts, including a basic health insurance policy. Discuss the fi rms reaction to a...
-
What are cross-sectional data? Why do economists fi nd it so critical to control for case mix in studying health care cost functions? What are the analytical dangers if they do not?
-
Why do we treat leisure and earnings as ordinary utility-increasing goods?
-
As technologies diffuse, why do some fi rms adopt them before others? What types of technologies would you expect to be adopted most quickly? Most slowly? What factors can slow the rate of diffusion...
-
Three of the accounts in the ledger of Charlotte Williams indicated the following balances at 1 January 2013: Insurance paid in advance 562; Wages outstanding 306; Rent receivable, received in...
-
The HaberBosch process for the production of ammonia is one of the key industrial processes in developed countries. N 2 (g) + 3 H 2 (g) 2 NH 3 (g) (a) Calculate r G for the reaction at 298 K, 800...
-
A liquid flows upward through a valve situated in a vertical pipe. Calculate the differential pressure (kPa) between points A and B. The mean velocity of the flow is 4.1 m/s. The specific gravity of...
-
Padayappa has now retired after 40 years of employment. He just made an annual deposit to his investment portfolio and realized he has $2 million (not counting home, cars, furniture, etc.). His money...
-
Kareem Construction Company has the following amounts of interest-bearing debt and common equity capital: Kareem Construction is in the 30 percent average tax bracket. A. Calculate the after-tax WACC...
-
Briefly define the Securities Act of 1933 and Securities Exchange Act of 1934.
-
Briefly discuss the Investment Company Act of 1940 and Investment Advisers Act of 1940.
-
A pilot taxiing on the airport loses radio contact with ATC and then sees a flashing red light being shown at his aircraft from the Air Traffic Control Tower. What action should the pilot take?
-
Discussion questions: It is better to be a human being dissatisfied than a pig satisfied; better to be Socrates dissatisfied than a fool satisfied. 1. Do you agree? Why (not)? 2. What would a...
-
Describe how to make a strong magnet out of an initially unmagnetized iron rod without using the earth or another bar magnet. Include in your instructions the materials one would need, how one could...
Study smarter with the SolutionInn App