Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 01, 2024

Which of the following business organizational forms subject(s) the owner(s) to unlimited liability? Sole proprietorship General partnership Corporation Both Sole proprietorship and General partnership

Which of the following business organizational forms subject(s) the owner(s) to unlimited liability?

Sole proprietorship

General partnership

Corporation

Both Sole proprietorship and General partnership

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

Cornerstones of managerial accounting

Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

5th edition

978-1305302327, 130530232X, 978-1133943983

More Books

Students also viewed these Accounting questions

Question

★★★★★

Define and contrast the terms working capital and net working capital.

Answered: 1 week ago

Question

★★★★★

please choose correct answer 22. Review the select information for Bean Superstore and Legumes Plus (industry competitors), and then compute the accounts receivable turnover ratios for each company...

Answered: 1 week ago

Question

★★★★★

AmeriHotels has experience building in inner-city locations.

Answered: 1 week ago

Question

★★★★★

1. What types of control are important at Dollar General? Why are these important? 2. What technological innovations did Kathleen Guion introduce at Dollar General? How did these innovations support...

Answered: 1 week ago

Question

★★★★★

Which of the following business organizational forms subject(s) the owner(s) to unlimited liability? Sole proprietorship General partnership Corporation Both Sole proprietorship and General...

Answered: 1 week ago

Question

★★★★★

Read the passage below and answer all questions. The Global Economic Outlook during the COVID-19 Pandemic: A Changed World The COVID-19 pandemic has spread with alarming speed, infecting millions and...

Answered: 1 week ago

Question

★★★★★

The following is financial information for three companies: (List items that increase cash flow first.) NuVu Ltd. ABC Inc. Akhtar Ltd. Sales revenue $375,000 $573,000 $930,000 Cost of goods sold...

Answered: 1 week ago

Question

★★★★★

Ivanhoe Electric sold $6,480,000, 10%, 10-year bonds on January 1, 2022. The bonds were dated January 1, 2022, and paid interest annually on January 1. The bonds were sold at 98. (a) Your answer is...

Answered: 1 week ago

Question

★★★★★

Deena Precision Tools (DPT) makes cutting tools for metalworking operations. It makes two types of tools: RC6, a regular cutting tool, and HP4, a high precision cutting tool. RC6 is manufactured on a...

Answered: 1 week ago

Question

★★★★★

1)The estate of Aisha Gopaul will be receiving a $25,000 death benefit from a Saskatchewan based organisation. Calculate the tax to be withheld from this amount 2)Sean works in Ontario and is...

Answered: 1 week ago

Question

★★★★★

The adjusted trial balance of ZZZ Corp.on December 31, 2014 includes the following account balances: Dividends Payable P 40,000 Ordinary share Capital (P5 par, 5,000 shares authorized) 750,000...

Answered: 1 week ago

Previous Question Next Question