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 821 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
Wow, this really help

DylanD1323

  • Member
  • Posts: 314
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Instructions for Completing the CMS-1500 (02/12) Claim Form Continued Instructions for Completing the CMS-1500 (02/12) Claim Form Continued
Urban Form Urban Form
Sample of a business card design. Sample of a business card design.
business solution business solution
Find a quadractic equation that models the data in standard form Find a quadractic equation that models the data in standard form
How to visualize division in the Odds form of Bayes's Theorem? How to visualize division in the Odds form of Bayes's Theorem?
Video: Blood Test Basics

For a complete list of videos, visit our video library