Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 06, 2024

Explain two (2) advantages and two (2) disadvantages of using a company to run a business as compared to running a business as a sole

Explain two (2) advantages and two (2) disadvantages of using a company to run a business as compared to running a business as a sole trader. Make sure you refer to any relevant law in your

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

Financial Statements

Authors: Inc. BarCharts

1st Edition

1423223837, 978-1423223832

More Books

Students also viewed these Finance questions

Question

★★★★★

Airline passenger service is a terrible high-fixed cost business featuring fierce price competition. With uniform safety, customers pick the lowest airfare with the most convenient departures. Except...

Answered: 1 week ago

Question

★★★★★

Explain the concept of using temporary storage when opening a hotel.

Answered: 1 week ago

Question

★★★★★

Sandy Shores Time Shares is one of the largest time-sharing and rental brokers for vacation cottages along the North Carolina coast. After 10 successful years of matching up owners and renters, Sandy...

Answered: 1 week ago

Question

★★★★★

Explain two (2) advantages and two (2) disadvantages of using a company to run a business as compared to running a business as a sole trader. Make sure you refer to any relevant law in your

Answered: 1 week ago

Question

★★★★★

On January 1, 2013, WildCat Company purchased $93,000 of 10% bonds at face value. The Bonds are to be held to maturity. The bonds pay intrest semiannually on January 1 and July 1. Prepare the...

Answered: 1 week ago

Question

★★★★★

PSY-520 Graduate Statistics Topic 3 - Benchmark - Correlation and Regression Project Directions: Use the following information to complete the questions below. Use the following data points that have...

Answered: 1 week ago

Question

★★★★★

Wonder land Ltd. operates a housing development project.There was a fire on its premises on 31 January 2019 which destroyed most of the building, although stock to the value of Sh.3,960,000 was...

Answered: 1 week ago

Question

★★★★★

21. Davis Corporation expects the following transactions in 20X3. Their first year of operations: Sales (90% collectible in 20X3). P1,500,000 Bad debt write-offs...... 60,000 Disbursements of costs...

Answered: 1 week ago

Question

★★★★★

Question 5 [9 marks] Bronson, a successful fund manager at a well-known trust fund firm, has more than 15 years of experience under his belt. He has managed as significant as $500 million worth of...

Answered: 1 week ago

Question

★★★★★

*\ Headset manufactures headphone cases. During September 2024, the company produced and sold 106,000 cases and recorded the following cost data: (Click the icon to view the cost data.) Read the...

Answered: 1 week ago

Previous Question Next Question