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Author Question: What are four business risks that a construction company is exposed to? What will be an ideal ... (Read 12 times)

futuristic

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on: Jul 26, 2018
What are four business risks that a construction company is exposed to?
 
  What will be an ideal response?

Question 2

What is the difference between a partnership and a corporation?
 
  What will be an ideal response?


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efwsefaw

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Reply #1 on: Jul 26, 2018
Answer to Question 1

Business risks that a construction company may face are: the health and safety of its employees, injury or property loss to third parties as a result of company activities, damage or loss to construction work in place but not yet accepted by the owner, and loss or damage to company vehicles and construction equipment.

Answer to Question 2

A partnership is owned by two or more partners while a corporation is owned by stockholders. Most of the stockholders typically are not involved in managing the corporation. Corporate profits are taxed at a special corporate rate, and the liability of stockholders does not exceed their investment in the corporation. Partnership profits, however, are taxed at the personal rate of each partner.


futuristic

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Reply #2 on: Jul 26, 2018
TY


efwsefaw

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Reply #3 on: Jul 26, 2018
You're welcome


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