This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is an advantage of sole proprietorship? A) Unlimited financial resources B) ... (Read 79 times)

renzo156

  • Hero Member
  • *****
  • Posts: 526
on: Jul 14, 2018
Which of the following is an advantage of sole proprietorship?
 A) Unlimited financial resources
  B) Attraction of talented employees
  C) Ease of formation
  D) Shared workload and responsibilities

Question 2

What is the difference between a joint venture and a syndicate?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

juicepod

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Jul 14, 2018
Answer to Question 1

C

Answer to Question 2

A joint venture is an agreement between two or more groups to form a business entity in order to achieve a specific goal or to operate for a specific period of time. A syndicate is a temporary association of individuals or firms organized to perform a specific task that requires a large amount of capital. Corporations and individuals may enter into a joint venture. Syndicates are primarily made up of corporations, none of which are willing to put up an entire amount required for an undertaking nor that are willing to share the risk of a venture individually.


renzo156

  • Member
  • Posts: 526
Reply 2 on: Jul 14, 2018
YES! Correct, THANKS for helping me on my review

mochi09

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Mining Mineral Resources Mining Mineral Resources
Natural Resources and Industry Natural Resources and Industry
Earth’s Mineral Resources Earth’s Mineral Resources
Minerals are nonrenewable resources in limited supply Minerals are nonrenewable resources in limited supply
English Sole English Sole
Petrale Sole Petrale Sole
Video: Introduction to Sickle Cell Anemia

For a complete list of videos, visit our video library