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

Author Question: A sole proprietorship is a form of business ownership in which: A) a business is considered a legal ... (Read 828 times)

ss2343

  • Hero Member
  • *****
  • Posts: 548
on: Jul 14, 2018
A sole proprietorship is a form of business ownership in which:
 A) a business is considered a legal entity that is separate from its owners.
  B) a single owner actively manages a company.
  C) two or more people act as co-owners of a company.
  D) the owners of a business are offered limited liability and flexible tax treatment.

Question 2

What is an owner of a corporation called? What is the difference between a closed corporation and an open corporation?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

macagn

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jul 14, 2018
Answer to Question 1

B

Answer to Question 2

An owner of a corporation is a stockholder. A closed corporation is a corporation whose stock is owned by relatively few people and is not sold to the general public. An open corporation is one whose stock can be bought and sold by any individual.


ss2343

  • Member
  • Posts: 548
Reply 2 on: Jul 14, 2018
Thanks for the timely response, appreciate it

Perkypinki

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Some of the bacteria that can fix atmospheric nitrogen, converting it into a form usable by plants. Some of the bacteria that can fix atmospheric nitrogen, converting it into a form usable by plants.
The patient's signature on the informed consent form indicates that the patient understands the The patient's signature on the informed consent form indicates that the patient understands the
Our species’ ability to form social bonds and be loyal and cooperative within our “tribe” may ... Our species’ ability to form social bonds and be loyal and cooperative within our “tribe” may ...
A standard employment application form may be used. A standard employment application form may be used.
A form that the customer should fill out if there is a driveablilty concern to help the service ... A form that the customer should fill out if there is a driveablilty concern to help the service ...
Business Intelligence, Analytics, and Data Science: A Managerial Perspective, 4th Edition Business Intelligence, Analytics, and Data Science: A Managerial Perspective, 4th Edition
Video: SNP Polymorphysim Microarray Chip - How to Test a Person's DNA

For a complete list of videos, visit our video library