Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Three types of firms operate in Canada: sole proprietorships, partnerships, and corporations. All three types of firms survive because O A. each has an advantage

image text in transcribed
image text in transcribed
Three types of firms operate in Canada: sole proprietorships, partnerships, and corporations. All three types of firms survive because O A. each has an advantage in different types of industries O B. each type is easy to set up and has simple decision making O C. some consumers want to deal with sole proprietorships and partnerships, and others want to deal with corporations O D. each type successfully deals with the principal-agent problem dominate in sectors where a large amount of capital is used. dominate in sectors where flexibility in decision making is critical. O A. Corporations; Corporations, Corporations, public utilities and transport O B. Corporations; Sole proprietorships; Corporations; law firms O C. Sole proprietorships, Corporations; Sole proprietorships; manufacturing O D. Partnerships; Sole proprietorships; Corporations; public utilities and transport dominate all sectors. Partnerships feature prominently in

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Accounting

Authors: Charles T. Horngren, Walter T. Harrison Jr., M. Suzanne Oliv

9th Edition

130898414, 9780132997379, 978-0130898418, 132997371, 978-0132569309

Students also viewed these Economics questions

Question

Contrast compensation and overcompensation in Adlers theory.

Answered: 1 week ago