Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Compare and contrast the 3 main business structures - Sole trader/proprietor, Partnership and Company - from the aspect of CONTROL OVER THE BUSINESS AND DECION

Compare and contrast the 3 main business structures - Sole trader/proprietor, Partnership and Company - from the aspect of CONTROL OVER THE BUSINESS AND DECION MAKING ABOUT THE BUSINESS.

Some points to help you frame your answer:

* which business structure allows the business owner themostcontrol over the business? why is this the case?

* which business structure allows the business owner theleastcontrol over the business? why is this the case?

* which business structures will likely require the business owner to involve other people in decision making? explain your answer.

* if a business owner wants to exercise full control over his/her business, what type of business structures should he choose?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Criminal Law

Authors: Jonathan Herring

11th Edition

1352005336, 978-1352005332

More Books

Students also viewed these Law questions