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 839 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
:D TYSM

epscape

  • Member
  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Gastric cancer. In advanced stages of gastric cancer, malignant cells spread to form tumors in the l Gastric cancer. In advanced stages of gastric cancer, malignant cells spread to form tumors in the l
Items that would be difficult to replace bearing legal significance are sent by certified mail. Items that would be difficult to replace bearing legal significance are sent by certified mail.
Options for Legal Structures Cont Options for Legal Structures Cont
standard reduction potential (Eo), the greater the tendency of the oxidized form of a redox couple standard reduction potential (Eo), the greater the tendency of the oxidized form of a redox couple
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
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: Phases of the Female Reproductive Cycle - Hormonal regulation

For a complete list of videos, visit our video library