Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 10, 2024

Which of the following is a disadvantage of the company form of business? Select one: a. Its shareholders always have unlimited liability for debts incurred

Which of the following is a disadvantage of the company form of business? Select one: a. Its shareholders always have unlimited liability for debts incurred by the business. b. It has an unlimited life. c. It has the ability to raise large amounts of capital. d. It must comply with the Corporations Act 2001 and other legislation.

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

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

The Clinical Audit Book Improving The Quality Of Health Care

The Clinical Audit Book Improving The Quality Of Health Care

Authors: Clare Mayo, Gill Harvey

1st Edition

070202418X, 978-0702024184

More Books

Students also viewed these Accounting questions

Question

★★★★★

A severe winter ice storm has swept across North Carolina and Virginia followed by more than a foot of snow and frigid, single-digit temperatures. These weather conditions have resulted in numerous...

Answered: 1 week ago

Question

★★★★★

What, under federal labor law, determines whether someone should be paid overtime?

Answered: 1 week ago

Question

★★★★★

Cloud Fund had the following trades in Sun in the options market through David Brother Brokers. The stock exchange requires that the writer of the options maintain 10 percent of the value of the...

Answered: 1 week ago

Question

★★★★★

Logan B. Taylor is a widower whose wife, Sara, died on June 6, 2013. He lives at 4680 Dogwood Lane, Springfield, MO 65801. He is employed as a paralegal by a local law firm. For 2015, he reported the...

Answered: 1 week ago

Question

★★★★★

A small business has determined that the machinery they currently use will wear out in 18 years. To replace the new machine when it wears out, the company wants to establish a savings account today,...

Answered: 1 week ago

Question

★★★★★

10. Assuming that this monopoly profit maximizes which of the following is true? Group of answer choices This monopoly is earning a profit. This monopoly is earning a loss. This monopoly is breaking...

Answered: 1 week ago

Question

★★★★★

You have $420 in an account which pays 4.1% compounded annually. If you invest your money for 9 years, then how many dollars of interest will you earn by the end of the term? The amount of interest...

Answered: 1 week ago

Question

★★★★★

Americans are greedy because everybody sues everybody on everything." Do you agree with above statement, and why there are many more liability litigation cases seeking huge amount for damage remedy...

Answered: 1 week ago

Question

★★★★★

You require 4.300 kg prepared carrots for service. The trimming loss for carrots is 14%. What quantity of raw carrots will you require for preparation? Enter your answer to 3 decimal places, e.g....

Answered: 1 week ago

Question

★★★★★

How does the battery from Tesla cars negatively impact the environment? Does Tesla negatively impact the environment at all? If so, how? What could Tesla do to help solve these impacts?

Answered: 1 week ago

Question

★★★★★

United States Motors Inc. (USMI) manufactures automobiles and light trucks and distributes them for sale to consumers through franchised retail outlets. As part of the franchise agreement,...

Answered: 1 week ago

Question

★★★★★

B Do you have a page on Facebook, MySpace, or some other social networking site? Think objectively about the impression of you that the page conveys. Would you hire you?

Answered: 1 week ago

Question

★★★★★

4 How can you create a better online image for yourself?

Answered: 1 week ago

Question

★★★★★

Tell me about yourself. What led you to choose your particular field (or your academic major)? Describe your level of satisfaction with your choice.

Answered: 1 week ago

Previous Question Next Question