Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 21, 2024

Which of the following characteristics relate to a sole proprietorship? I. Limited liability II. Income once taxed as personal income III. Inability to bring in

Which of the following characteristics relate to a sole proprietorship?

I. Limited liability

II. Income once taxed as personal income

III. Inability to bring in additional partners

IV. Limited life of the firm

Question 23 options:

	I Only
	II and III
	I, II and IV
	II, III and IV
	I, II, III and IV

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

Finance And Security Global Vulnerabilities Threats And Responses

Authors: Martin S. Navias

1st Edition

1787381366, 978-1787381360

More Books

Students also viewed these Finance questions

Question

★★★★★

Andre acquired a computer on March 3, 2016, for $2,800. He elects the straight-line method for cost recovery. Andre does not elect immediate expensing under 179. He does not claim any available...

Answered: 1 week ago

Question

★★★★★

1 What are the tell-tale signs of performance and reward system failure?

Answered: 1 week ago

Question

★★★★★

1. One article commented that college students are frittering away their time at an astonishing rate. Do you agree this is what the data show? Why or why not? 2. Do you think students have an ethical...

Answered: 1 week ago

Question

★★★★★

Supreme Auto Parts produces components for motorcycle engines. It has plants in Amarillo, Texas, and Charlotte, North Carolina, and supply factories in Detroit and Atlanta. Production and cost data...

Answered: 1 week ago

Question

★★★★★

Which of the following characteristics relate to a sole proprietorship? I. Limited liability II. Income once taxed as personal income III. Inability to bring in additional partners IV. Limited life...

Answered: 1 week ago

Question

★★★★★

2. You plan to buy a $175,000 home using a 15 -year mortgage obtained from your local bank. The mortgage rate offered to you is 7.75 percent. You will make a down payment of 20 percent of the...

Answered: 1 week ago

Question

★★★★★

Give an example of how public policy has reinforced racial privilege/disadvantage within the United States.What are the lasting effects of such programs?Do these issues still exist today?

Answered: 1 week ago

Question

★★★★★

Identify one commercially successful product and explain how the product performs in relation to each of these areas. (Apple Inc.) a. Legal and ethical issues b. Environmental issues

Answered: 1 week ago

Question

★★★★★

What are the stages of project management? Write it in items.

Answered: 1 week ago

Question

★★★★★

public class MyProgram { public static void main(String[] args) { int grade = 100; double PI = 5.79; char middleInitial = 'Q'; grade++; PI = 2.7182818284590904528182818 ; middleInitial = 'A';...

Answered: 1 week ago

Question

★★★★★

In the market for money, when the price level _ _ _ _ _ _ _ _ , the demand curve for money shifts to the _ _ _ _ _ _ _ _ and the interest rate _ _ _ _ _ _ _ _ , everything else held constant....

Answered: 1 week ago

Question

★★★★★

1. Do you think that chief executives should still receive an enormous bonus even if the organisation that they have led has performed badly? List the arguments for and against.

Answered: 1 week ago

Question

★★★★★

explain the role of various people and groups in health and safety and wellbeing at work

Answered: 1 week ago

Question

★★★★★

explain the key points in the main legislation relating to health, safety and wellbeing at work

Answered: 1 week ago

Previous Question Next Question