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

Question

1 Approved Answer

Wuwu approached you for legal advice on putting up a small milk tea shop. Due to the pandemic, Wuwu feels that the business environment is

Wuwu approached you for legal advice on putting up a small milk tea shop. Due to the pandemic, Wuwu feels that the business environment is unstable and he is thinking if he should set up a corporation for the said business. Explain to Wuwu the legal advantages and disadvantages of putting up a corporation as against a single proprietorship

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

International Business Law and Its Environment

International Business Law and Its Environment

Authors: Richard Schaffer, Filiberto Agusti, Lucien J. Dhooge

9th edition

1285427041, 978-1285427041

More Books

Students also viewed these Law questions

Question

★★★★★
Could the Fed purchase a wide variety of stocks in the market in order to raise the price of stocks? Do you see any potential problems with this policy?

Answered: 1 week ago

Question

★★★★★
This problem demonstrates the dependence of the future value of an annuity on the number of payments. Suppose $1000 is invested at the end of each year. Assume the investments earn 10% compounded...

Answered: 1 week ago

Question

★★★★★
Assume that X is a continuous random variable with density function f and distribution function F. Suppose that a is a real number for which P(X a) Show that the function h defined by is also a...

Answered: 1 week ago

Question

★★★★★
Rondelli Middle School wants to raise money for a new sound system for its auditorium. The primary fund-raising event is a dance at which the famous disc jockey D.J. Sound will play classic and...

Answered: 1 week ago

Question

★★★★★
Generate code to rectify calculation of repulsive forces and damping forces for the following code:while ( terminate ) % check if reached destination rho = ( x a - x ) ? ? ? 2 + ( y a - y ) ? ? ? 2 2...

Answered: 1 week ago

Question

★★★★★
C-Cubed had the following information from the end of last year for its Mountain Bikes: Budgeted Bike Sales for October Budgeted Bike Sales for November Budgeted Bike Sales for December Desired...

Answered: 1 week ago

Question

★★★★★
The optical system of Figure P33.95 consists of a converging lens and a converging mirror. The focal points of the lens are marked by open dots and the center of curvature of the mirror by a solid...

Answered: 1 week ago

Question

★★★★★
In testing the cash discounts on vendors invoices, the auditor did not expect to find any errors in the sample and therefore used attributes sampling techniques. Based upon the statistical...

Answered: 1 week ago

Question

★★★★★
A gift shop sells 400 boxes of scented candles a year. The ordering cost is \($60\) for scented candles, and holding cost is \($24\) per box per year. What is the minimum annual amount of these...

Answered: 1 week ago

Question

★★★★★
A car rental agency uses 96 boxes of staples a year. The boxes cost \($4\) each. It costs \($10\) to order staples, and it costs \($0.80\) to hold a box of staples in inventory for 1 year. How many...

Answered: 1 week ago

Question

★★★★★
How do you add two harmonic motions having different frequencies?

Answered: 1 week ago

Question

★★★★★
Indicated claim about the means of two populations. Assume that the two samples are independent simple random samples selected from normally distributed populations. Do not assume that the population...

Answered: 1 week ago

Question

★★★★★
2. In this chapter, the reader should reflect on the following concepts: Social facts, concrete fallacy, constructs, overestimation error.

Answered: 1 week ago

Question

★★★★★
1. Explain the following statements: a) Objective reality is always subjectively interpreted. b) What we know depends on whom we got to know it from.

Answered: 1 week ago

Question

★★★★★
4. Give examples from your everyday life where the process affects the result, but where the result also affects the process.

Answered: 1 week ago

Previous Question Next Question