FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The major reason why businesses change from sole proprietorships to other forms ownership is to gain unlimited liability increase unlimited liability avoid lack of continuity

image text in transcribed
The major reason why businesses change from sole proprietorships to other forms ownership is to gain unlimited liability increase unlimited liability avoid lack of continuity improve their ability to borrow money offer advancement opportunities for employees

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_2

Step: 3

blur-text-image_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

Hospitals What They Are And How They Work

Hospitals What They Are And How They Work

Authors: Donald J. Griffin

4th Edition

0763791091, 9780763791094

More Books

Students also viewed these General Management questions

Question

★★★★★
1. Describe the behavior of f (θ) = sec θ at the zeros of g(θ) = cos θ. Explain. 2. (a) Use a graphing utility to complete the table. (b) Make a...

Answered: 1 week ago

Question

★★★★★
Dinklemyer Corporation uses direct labor hours as its single cost driver. Actual overhead costs and actual direct labor hours for the first five months of the current year are as follows: a. Compute...

Answered: 1 week ago

Question

★★★★★
=+significance of inventory control in physical distribution.

Answered: 1 week ago

Question

★★★★★
Data for Mariner Designs, Inc., follow: Requirements 1. Prepare a horizontal analysis of the comparative income statement of Mariner Designs, Inc. Round percentage changes to one decimal place. 2....

Answered: 1 week ago

Question

★★★★★
The major reason why businesses change from sole proprietorships to other forms ownership is to gain unlimited liability increase unlimited liability avoid lack of continuity improve their ability to...

Answered: 1 week ago

Question

★★★★★
Choose the correct answer Math 150 Intro to Statistics BMCC Spring 2022 TeVaughn Williams 04/06/22 1:36 PM (? E Homework: Section 6.1 Question 6, 6.1.23-T HW Score: 50%, 5 of 10 Homework Part 1 of 2...

Answered: 1 week ago

Question

★★★★★
The Lincoln Lock Company manufactures a commercial security lock at plants in Atlanta, Louisville, Detroit, and Phoenix. The unit cost of production at each plant is $35.50, $37.50, $37.25, and...

Answered: 1 week ago

Question

★★★★★
Two mutually exclusive projects being considered by a firm and have the following projected cash flows: Project A Project B Year Cash Flow Cash Flow 0 ($120,000) ($120,000) 1 55,000 30,000 2 55,000...

Answered: 1 week ago

Question

★★★★★
Develop an EER model for the following situation using the traditional EER notation: An international school of technology has hired you to create a database management system to assist in scheduling...

Answered: 1 week ago

Question

★★★★★
Main Form.vb* X Main Form.vb [Design]* VB Proper Case Project 5 69 8 9 10 11 12 13 14 15 16 17 18 Option Explicit On Option Strict On Option Infer off Public Class frmMain frmMain...

Answered: 1 week ago

Question

★★★★★
I need help with the following questions below for a article analysis. See below article for reference. 1 - What are the independent and dependent variables and type of data for the variables? 2...

Answered: 1 week ago

Previous Question Next Question