Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
expand_more
expand_more
format_list_bulleted
Question
thumb_up100%
Hal organized his business in Canada. Most of his customers are in Montana. In Montana, Hal’s business would be considered a(n) __________ corporation.
A. Subchapter S
B. Closely-held
C. Alien
D. Professional
E. Domestic
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution
Trending nowThis is a popular solution!
Step by stepSolved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- helparrow_forwardSamuel Imenez is a partner with Partnership V, a hardware store, in which he spent 465 hours in the tax year working. He also worked 164 hours with Partnership W, an architecture partnership that designs and builds backyard gazebos, as the primary builder. Finally, he spent 193 hours launching Partnership AB, a new business building bandstands for concerts. None of the entities are publicly traded. He is considered a(n) _______________ for tax purposes.arrow_forward5. Whom would you want to help manage your corporation? Does it matter ifthe person has been accused or even guilty of ethical or moral lapses ofjudgement (making a rude comment etc.)? Do not mention actual people;mention skills, traits, or experience etc... Fully explain.arrow_forward
- Subject - account Please help me. Thankyou.arrow_forward39. Ethical issues about the economic, political, or legal aspects that a business operates under are referred to as _____ issues.a. corporateb. individualc. governmentald. systemicarrow_forward. _______ Manju asks for your advice in opening a newbusiness. She plans to provide tax-related services to individuals and small-business owners inher community. Of course, she wants an attractive means of starting and operating her businesswith a reasonable hope of succeeding in it. Whatwill be your advice?a. Start your own independent business.b. Form a partnership with a CPA.c. Consider purchasing a franchise.d. Forget about opening the business becauseit is too risky.e. First secure a loan from the Small BusinessAdministration.arrow_forward
- Please answer in 200 words or more. Part 1: Your friend is considering opening their own business and has asked you for some advice. Please share your knowledge to help them build a successful business. Part 2: Provide (two) advantages and (two) disadvantages for each of the following: I. Sole Proprietorship II. Partnership III. Corporation 3. Lastly, identify which format your friend should select for their business. Be sure the answer refers to the specific product and or service industry and connects to the information you provided in Part II above.arrow_forwardHelp A gesner Which of the following is required of branch agencies a. must be listed under the parent agency recent with the department of financial service b. Establish an office in the county where the company is based C. Be based in the home county of the agent in charge d. Be open to the public during regular business hours. Comarrow_forwardWhat business form would be most appropriate for Tim’s and why? Explain the benefits and drawbacks of the business form you chose. Explain which general state and federal laws (see resources below) might impact registration of Tim’s business, due to the fact that it is a restaurant business.arrow_forward
- Felicia is starting an e-commerce business. She is deciding which entity to use for the business. All of the following are true related to entity characteristics, except: O You don't necessarily have to create an entity to operate a business. O Cash taken out of partnerships/S-Corps by owners is generally not taxable. O Partnerships and S Corporations, generally, do not pay entity level income taxes OC Corporations pay an entity level tax and any dividends to shareholders are not taxable.arrow_forwardA joint venture is taxed like a corporation. a. True b. Falsarrow_forwardFoundations can fund political campaigns. A. True B. Falsearrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill EducationOperations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage LearningProduction and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.