Owners enjoy limited liability in a a) partnership b) corporation c) sole proprietorship d) proprietorship

Which of the following can be eligible shareholders in an S Corporation? O Partnership. A Resident Alien. O Any Trust. O Corporations.

The owners of a corporation are called O partners O bondholders government agents O shareholders

how do owners’ equity accounts in a corporation differ from those in a sole proprietorship or partnership

what are the advantages of an LLC versus operating as a sole proprietorship,

Meredith had always dreamed about starting her own publishing company. She talked about it constantly. Her family figured she probably would. It began at the age of six when Meredith created a newsletter which she distributed to her classmates each week. She charged them one penny per copy. Since her customers were only six years old, she often had a hard time collecting payment. Fortunately, she had an older brother Thomas who was quite persuasive. He became her debt collector. About five years later, Meredith quit the newsletter and began writing articles for the school newsletter. She was the youngest journalist the school had ever had. Meredith became fairly well known in the local area after she uncovered a story about corruption in the high school student council. It seemed that the student council had been bribed by teachers with candy bars, pizza, and photos of puppy dogs. In exchange, the student council was supposed to implement policies the teachers wanted implemented. In…

1.What are the main advantages of proprietorships, partnerships, and limited liability companies? 2.What are the disadvantages of a partnership over a limited liability company form of organization for a profit-making business?

what is sole proprietorship

A limited liability company (LLC): Multiple Choice Has owners called members. Is subject to double taxation.

owners have no personal liability under which legal business structure? a. corporation b. a partnership c. a sole proprietorship d. there is liability in every legal business structure