Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Mar 15, 2024

Provide reasons why an entrepreneur would choose to operate as a private company over a sole trader and vice versa.

Provide reasons why an entrepreneur would choose to operate as a private company over a

sole trader and vice versa.

Step by Step Solution

★★★★★

3.40 Rating (147 Votes )

There are 3 Steps involved in it

Step: 1

Reasons to Choose a Private Limited Company Entrepreneurs might opt for a private limited company Ltd for several reasons compared to a sole proprieto... 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

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

Entrepreneurship Successfully Launching New Ventures

Authors: Bruce R. Barringer, R. Duane Ireland

4th Edition

0132555522, 978-0132555524

More Books

Students also viewed these Accounting questions

Question

★★★★★

The final project for this course is the creation of a memorandum with an appendix of supporting IRS forms and schedules . Working as an accounting associate in a financial organization requires the...

Answered: 1 week ago

Question

★★★★★

On a warm Sunday afternoon in May 1987, Ben Lynch first conceived of an idea that was later to emerge as a chain of shops retailing ophthalmic products. Reading a financial profile of an ophthalmics...

Answered: 1 week ago

Question

★★★★★

The idea for Game Truck first came to Scott Novis at his sons fourth birthday party. They were at a pizza arcade and the noise, expense, and frustration caused him to think about a better...

Answered: 1 week ago

Question

★★★★★

Write a nonrecursive function that takes the first Node in a linked list as an argument and reverses the list, returning the first Node in the result.

Answered: 1 week ago

Question

★★★★★

The balances of selected accounts of Spartan Sportswear Company on December 31, 2016, are given below. Credit sales totaled $38,480,000. The returns and allowances on these sales were $220,000....

Answered: 1 week ago

Question

★★★★★

True or False? When a binary tree is stored in an array using implicit links, it is much easier to access the parent of a node than when the tree is stored using explicit links.

Answered: 1 week ago

Question

★★★★★

3. Alter the physical environment by changing the arrangement of the room or moving to a different setting.

Answered: 1 week ago

Question

★★★★★

The auditors of Landi Corporation wish to use a structured approach to nonstatistical sampling to evaluate the reasonableness of the accounts receivable. Landi has 15,000 receivable accounts with a...

Answered: 1 week ago

Question

★★★★★

Barlow Company manufactures three products: A, B, and C. The selling price, variable costs, and contribution margin for one unit of each product follow: Selling price A $240 Product B $360 C $320...

Answered: 1 week ago

Question

★★★★★

The 3-kg block A is released from rest in the 60 position shown and subsequently strikes the 1-kg cart B. If the coefficient of restitution for the collision is e = 0.7, determine the maximum...

Answered: 1 week ago

Question

★★★★★

Andrew is ready to invest $200,000 in stock and has been provided nine different alternatives by his financial consultant. The following stocks belong to three different industrial sectors and each...

Answered: 1 week ago

Question

★★★★★

In a survey of 1050 U.S. adults, 588 said that chocolate was their favorite ice cream flavor. Construct a 95% CI for the population proportion of U.S. adults who say chocolate is their favorite ice...

Answered: 1 week ago

Question

★★★★★

7. You elect extended payment of a student loan at 4.14% APR, and your monthly payment is $493.11. What would your monthly payment be on this loan if you elected standard repayment instead?

Answered: 1 week ago

Question

★★★★★

Assumingthatthecodegeneratorpolynomialis g ( x )=1+ x 2 + x 3 fora(7,4)code,findthelinear block code generator matrix G and the parity check matrix H .For a message m = 1011find the transmitted code...

Answered: 1 week ago

Question

★★★★★

Imperial Jewelers manufactures and sells a gold bracelet for $189.95. The company's accounting system says that the unit product cost for this bracelet is $149.00 as shown below: Direct materials...

Answered: 1 week ago

Question

★★★★★

What are domestic and/or international attention due to Parkes Elvis festival media coverage?

Answered: 1 week ago

Question

★★★★★

you have two CSTR operated in series and both reactors have 7 2 % removal of substrate A . If the influent concentration of A is 2 5 0 mg / L , what is the concentration of A inside the second CSTR ?

Answered: 1 week ago

Question

★★★★★

Why can wastewater treatment requirements in Hawaii be less stringent than those in most locations on the U.S. mainland?

Answered: 1 week ago

Question

★★★★★

The You Be the VC 6.1 feature at the end of the chapter focuses on GroupMe, a cell phone app that allows group messaging on any phone that can text regardless of who makes the phone or what operating...

Answered: 1 week ago

Question

★★★★★

What are some of the more important criteria to consider when selecting an attorney for a new firm?

Answered: 1 week ago

Question

★★★★★

Under what circumstances should ethical considerations be part of a companys business plan? Should a company periodically measure its ethical performance? If so, what are the best ways for a company...

Answered: 1 week ago

Question

★★★★★

As purchasing agent for the Horner-Williams Company, you have primary responsibility for securing high-quality raw materials at the best possible prices. One particular material the Horner-Williams...

Answered: 1 week ago

Question

★★★★★

The American Beef Growers Association is trying to promote the consumption of beef products. The organization performs numerous studies, the results of which are often used in advertising campaigns....

Answered: 1 week ago

Question

★★★★★

A study was conducted by the sports department of a national network television station in which the objective was to determine whether a difference exists between median annual salaries of National...

Answered: 1 week ago

Previous Question Next Question