What are the three basic legal forms of organizing a business? What are the advantages and disadvantages
Question:
What are the three basic legal forms of organizing a business? What are the advantages and disadvantages of each? What business form do most start-up companies take? Why?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (10 reviews)
The three basic forms are sole proprietorships partnerships and corporations S...View the full answer
Answered By
Gilbert Chesire
I am a diligent writer who understands the writing conventions used in the industry and with the expertise to produce high quality papers at all times. I love to write plagiarism free work with which the grammar flows perfectly. I write both academics and articles with a lot of enthusiasm. I am always determined to put the interests of my customers before mine so as to build a cohesive environment where we can benefit from each other. I value all my clients and I pay them back by delivering the quality of work they yearn to get.
4.80+
14+ Reviews
49+ Question Solved
Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-0077905200
3rd edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
Question Posted:
Students also viewed these Corporate Finance questions
-
What are the three basic forms of business organizations for profit-oriented enterprises?
-
What are the three basic forms of business organizations?
-
What are the three basic forms of business organization discussed in this chapter?
-
Please help Gary earned \( \$ 97,000 \) as an executive. Gary, who is single, supported his half sister, who lives in a nursing home. His half sister had no income during the year. Gary received the...
-
Arcade Systems Ltd. had the following account balances on October 1, 2015: Accounts Receivable, $132,304; Allowance for Doubtful Accounts, $(8,350). Arcade Systems completed the following selected...
-
Explain whether each of the following losses would be covered under Section II in the homeowners policy. If the loss is not covered, explain how coverage can be obtained. a. The insured owns a...
-
Consider the chemical reaction leading to the system in (3.149). Let the rate constants be \(k_{1}=0.20 \mathrm{~m} / \mathrm{s}, k_{2}=0.05 \mathrm{~m} / \mathrm{s}\), and \(k_{3}=0.10 \mathrm{~m} /...
-
Kitchen Help Inc. (KHI) is a manufacturer of toaster ovens. To improve control over operations, the president of KHI wants to begin using a flexible budgeting system, rather than use only the current...
-
Marco is a 45-year old family man. He has 2 kids who recently finished college - one has already been employed and the other one taking a gap year. His wife is also employed and their combined income...
-
Use conditional proof and the eighteen rules of inference to derive the conclusions of the following symbolized arguments. Having done so, attempt to derive the conclusions without using conditional...
-
In teams of three or four, interview doctors, nurses, pharmacists, and other individuals who are employed by clinics, hospitals, and insurance companies. Ask them to provide examples of individuals...
-
Critics have charged that compensation to top management in the United States is simply too high and should be cut back. For example, focusing on large corporations, Ray Iraniof Occidental Petroleum...
-
Why is it so difficult to be effective at both distributive and integrative bargaining in the course of the same negotiations?
-
Beto Company pays $4.70 per unit to buy a part for one of the products it manufactures. With excess capacity, the company is considering making the part. Making the part would cost $4.50 per unit for...
-
Amy made 35,000 in taxable income less year supposed the income tax rate is 15% for the first 7500plus 19% for the amount over 7500. How much must Amy pay in income tax for last year
-
Case #1 Palace Inc. manufactures two product lines (Deluxe and Standard). Currently, the company allocates overhead costs to the product lines based on direct labour hours. For 2021, the company...
-
A tennis ball located 2.0 m height is hit by a player with his racket. The ball shoots out horizontally with a velocity of 30 m/s. Answer the following questions: a. How long does the ball takes to...
-
What is the concept of time value of money, and why is it important in finance? 2. What are the key differences between stocks and bonds as investment options? 3. How does diversification help in...
-
What are the major reasons why economists have been so critical of monopoly and high entry barriers into markets?
-
Refrigerant-134a enters an adiabatic compressor as saturated vapor at 120 kPa at a rate of 0.3 m3/min and exits at 1-MPa pressure. If the isentropic efficiency of the compressor is 80 percent,...
-
Transaction authorization within an organization may be either specific or general. An example of specific transaction authorization is the (a) setting of automatic reorder points for material or...
-
Denise Home Products, Inc., recently issued $2 million worth of 3 percent convertible debentures. Each convertible bond has a face value of $1,000. Each convertible bond can be converted into 21.5...
-
A warrant gives its owner the right to purchase three shares of common stock at an exercise price of $58 per share. The current market price of the stock is $63. What is the minimum value of the...
-
Through Fire, Inc., an all-equity firm, has 12 shares of stock outstanding. Yesterday, the firms assets consisted of 13 ounces of platinum, currently worth $890 per ounce. Today, the company issued...
-
estion 27 (T/F) To respect Ockham's Razor in statistics means to use all of the tools at your disposal to do the most thorough a True False
-
An upper level management team is discussing the value of supporting an early retirement package. However, they do not take the time to define "value" before beginning the discussion. The...
-
Intergroup negotiations differ from negotiations between individuals in that intergroup negotiations Blank______. Multiple choice question. are less likely to discover integrative potential exchange...
Study smarter with the SolutionInn App