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

Author Question: A limited partnership is an agreement between two or more individuals to operate a business as ... (Read 119 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
on: Jul 14, 2018
A limited partnership is an agreement between two or more individuals to operate a business as co-owners for a limited period of time.
 
 Indicate whether the statement is true or false

Question 2

Why is a sole proprietorship the most flexible type of business?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

234sdffa

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 14, 2018
Answer to Question 1

False

Answer to Question 2

The sole proprietorship form of business ownership is the simplest type of ownership as well as the easiest to start. It is flexible because an owner can make decisions without having to consult anyone else. By comparison, a manager in a store in a large corporate chain may have to seek the approval of numerous managers and company officials before making a decision.


nmorano1

  • Member
  • Posts: 598
Reply 2 on: Jul 14, 2018
Gracias!

vickyvicksss

  • Member
  • Posts: 351
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Species, subspecies, populations, and individuals. Species are reproductively isolated from one anot Species, subspecies, populations, and individuals. Species are reproductively isolated from one anot
According to Kohlberg’s theory, only a few individuals, such as Martin Luther King, Jr. (left) and ... According to Kohlberg’s theory, only a few individuals, such as Martin Luther King, Jr. (left) and ...
After connecting the shutoff tool, start the engine and operate all accessories. Stop the engine ... After connecting the shutoff tool, start the engine and operate all accessories. Stop the engine ...
Pus-forming infection. Such infections occur more frequently in individuals with immunoglobulin ... Pus-forming infection. Such infections occur more frequently in individuals with immunoglobulin ...
Business Math, 10th Edition Business Math, 10th Edition
Business Mathematics in Canada, 11e (Jerome, Worswick) Business Mathematics in Canada, 11e (Jerome, Worswick)
Video: ETC Protein Complexes & Chemiosmosis (Total ATP Production and ATP Synthase)

For a complete list of videos, visit our video library