Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 12, 2024

Compared to the proprietorship, the partnership has the disadvantage of Group of answer choices a. Encountering more red tape to remain in existence. b. Limited

Compared to the proprietorship, the partnership has the disadvantage of

Group of answer choices

a. Encountering more red tape to remain in existence.

b. Limited liability to each partner.

c. Double taxation of each partner.

d. Unlimited liability of each partner.

e. Finding more difficulty in securing funds and specialized know-how.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Economics Principles and Policy

Authors: William J. Baumol, Alan S. Blinder

12th edition

978-0538453677, 538453672, 978-0538453622, 538453621, 978-0538453653

More Books

Students also viewed these Economics questions

Question

★★★★★

Construct a percent frequency polygon of the total return percentages and then describe the shape of the distribution.

Answered: 1 week ago

Question

★★★★★

On February' 9, 2002, an article in The Economist stated that the high-tech industry' seems to be inventing new accounting documents and rules. Non-standard pro-forma accounting is popular. Earnings...

Answered: 1 week ago

Question

★★★★★

Suppose that customers arrive to a system according to a Poisson process with rate . There are an infinite number of servers in this system so a customer begins?

Answered: 1 week ago

Question

★★★★★

In Lizzie Shoes experience, gift cards that have not been redeemed within 12 months are not likely to be redeemed. Lizzie Shoes sold gift cards for $18,000 during August of 2011. $4,000 of cards were...

Answered: 1 week ago

Question

★★★★★

On January 1, 2020, Tamarisk Inc. had cash and common stock of $65,000. At that date, the company had no other asset, liability, or equity balances. On January 2, 2020, it purchased for cash $21,070...

Answered: 1 week ago

Question

★★★★★

Workflow and process improvement performed in advance of vendor selection specifically aids in: Group of answer choices Information system implementation Productivity improvement Functional...

Answered: 1 week ago

Question

★★★★★

A crucial element of Nucors success is its ability to mobilize two types of knowledge: plant construction and start - up know - how; and manufacturing process know - how. What mechanisms does Nucor...

Answered: 1 week ago

Question

★★★★★

Question 1 The following data relates to periods 1 to 4 of a manufacturing company producing a single product: - Variable production cost per unit Fixed production overhead per period Selling price...

Answered: 1 week ago

Question

★★★★★

Explain the main issues that you need to address when organising the purchasing and supply chain function

Answered: 1 week ago

Question

★★★★★

Term Project Content The course project is an informative paper. You are asked to choose a drug from the course curriculum. Describe the drug entirely. Therefore, state the chemical name, molecular...

Answered: 1 week ago

Question

★★★★★

1. Using the RK4 method, give the numerical approximation for the IVP: y' y(0)=e; with a step size of h = 0.5 for the point at t = 20. How does this compare to Euler's Method (e.g. simply using the k...

Answered: 1 week ago

Question

★★★★★

Narrate an incident based upon your personal / professional experience where you had to choose between oral and written method of communication and describe your criteria for considering one method...

Answered: 1 week ago

Question

★★★★★

3. List four points that you think are important to give the individual attention, when he or she is going to sell an argument or an idea to you.

Answered: 1 week ago

Question

★★★★★

4. Think of a situation where you would convince someone of an argument or an idea you had. a. What feelings did you want the other person to be left with when you finished? b. When you think about...

Answered: 1 week ago

Question

★★★★★

7. Think of a situation where you felt that you mastered the situation, i.e. where you had a positive feeling of completing the task you were to perform. A. Now develop a picture in your imaginary...

Answered: 1 week ago

Previous Question Next Question