When would a sole proprietorship use IFRS? Select one: a. If it ho plans to become public in the near future b. If its competitors use ASPE c. A sole proprietorship is never allowed to use IFRS d. If there is a plan to become a public company in the near future

Kelvin is considering buying shares in a company. Kelvin asks you to explain to him what is meant by ?he ?erm? ?member? and ??hareholder?? and ?he differen? ?a?? in ?hich a person may become a member. He also asks you to explain who may be eligible to become a member, and how many members a company is permitted ?o ha?e? Finall?? Kel?in a?k? ?How does a person cease to be a member of a company??Required: Advise Kelvin.

Offer some reasons that a company might choose to merge with or acquire another company.

If you were to start a business, what ownership form would you choose? Wjat factors might affect your choice?

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

A trustee for a company that is being liquidated voids a preference transfer. What has happened, and why did the trustee take this action?