Which business vehicle(Company or partnership) you will adopt if you are to set up a business and give reasons to support your choice.

Q: Assume that you are studying for an upcoming accounting exam with a good friend. Your friend says…

A: A limited Partnership is a form of partnership similar to a general partnership except that while a…

Q: Which form of business structure typically has the greatest potential for agency problems? Limited…

A: Sole proprietary is a form of business structure in which there is a single owner.

Q: Explain the advantages and disadvantages of the partnership versus the corporate form of business.

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Q: Briefly introduce the legal nature of partnerships and companies, with emphasis on the contractual…

A: In a partnership, two or more parties agree to operate and manage a business and share the profits…

Q: Describe the Advantages and Disadvantages of Organizing as a Partnership from an accounting view

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Q: When selecting the most appropriate choice of business structure, some elements to consider are: A.…

A: Business structure is the outer framework of the business i.e. how the business is incorporated,…

Q: What is a business owned by one individual called and the easiest legal form of business to organize…

A: Solution: Limited liability company, partnership and corporation needs more than one individual to…

Q: Define a business opportunity

A: We can understand Business opportunity by evaluating its meaning, objectives and types of business…

Q: The concept of an "artificial being" refers to which form of business organization? a. Partnership *

A: Business generally means a state of making a person engaged for earning livelihood. Artificial in…

Q: What does it mean to be a company? Instead of forming a partnership, why would the founders of the…

A: The Answer:

Q: A major issue faced by people who are starting their own business is the form of organization they…

A: The company's goal is to maximize profits. Profits are derived from the company's income statement.…

Q: Which form of business organization is characterized by having the shortest start-up time and lowest…

A: Option C: proprietorship Proprietorship means a business or firm or enterprises etc which owned by…

Q: Question 1:  Define and discuss each of the following by providing at least 2 practical examples:…

A: I have briefly explained in the following sheets:

Q: mpany to form.  She is trying to decide between a corporation, an LLC, or a sole proprietorship.…

A: A person can start a business with the set up of a limited liability company (LLC) or a corporation…

Q: partnership. What fundamentals of partnership agreement are necessary in the business? Also…

A: 1. What is Partnership?   A partnership can be defined as a formal arrangement by two or more…

Q: ify the strengths and weaknesses of sole proprietorship, partnership, and corporation? What type of…

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Q: Financial report provides information which helps the users to make decisions about.

A: financial information of a company helps us to know in detail the financial status of the company.…

Q: Which type of business organization is owned by only one owner? a. Corporation b. Partnership c.…

A: Sole proprietorship: The form of business entity which is owned and managed by an individual is…

Q: Based on the advantages and disadvantages of each of the following forms of businesses, give an…

A: A business is formed by the persons who want to start the business and as there are various methods…

Q: Relationship-specific investments are investments that: contractually obligate a business partner to…

A: Correct answer: are worth more in the context of a specific business relationship.…

Q: A business opportunity must be identified and analyzed

A: It is possible to comprehend business opportunities by analyzing their meaning, aims, and different…

Q: What are some of the legal risks associated with organizing a business as a partnership? In your…

A: SOLUTION- PARTNERSHIP- IT IS A KIND OF BUSINESS WHERE A FORMAL AGREEMENT BETWEEN TWO OR MORE PERSONS…

Q: A company is being created and the owners are trying to decide whether to form a general…

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Q: Is it possible for a person to form a joint venture with a business? What's your theory about that?

A: Will be explained:

Q: Which type of financial structure primarily involves one person owning a business?  Group of answer…

A: There are various forms of business such as partnership, sole proprietorship, corporations etc.

Q: What choices are available to a group of persons creating a business? Why is it possible that a…

A: The Answer :

Q: For the three major forms of business, LLC, partnership, and corporation, discuss two advantages and…

A: Limited Liability Company (LLC) is a corporate form of business in which the personal assets of…

Q: Which business vehicle (corporation or partnership) would you choose to start a firm and why

A: The Answer

Q: Identifying types of business organizations You would like to start a cellular telephone equipment…

A: Sole proprietorship is a form of business organization where a single person is the owner of…

Q: What type of Partnership as a business formation would be best suited for a "Silent Partner"…

A: General Partnership- This is the kind of partnership where two or more agrees to run a business. In…

Q: What options does a group of people have when forming a business? Why might a partnership not be the…

A: Options will a bunch of individuals have once formed a business : 1. Partnership 2. Body corporates…

Q: When the management of a business is conducted by individuals other than the owners, the business is…

A: There are four types of business organizations , they are;  1.sole proprietors 2. partnership 3.…

Q: An advantage of the partnership as a form of business organization would be

A: There are several forms of business organisation. These are sole proprietorship, partnership and…

Q: own

A: If one were to start a business, one would start a sole proprietorship form of business, as it is…

Q: How did Ahmed and Steven Case's partnership and shared vision of "Rise of the Rest" serve their…

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Q: 1.What are the main advantages of proprietorships, partnerships, and limited liability companies?…

A: Step 1 Advantages of the sole proprietorship Ownership in the case of a sole proprietorship is in…

Q: What are the main advantages of a company compared to a sole trader and a partnership?

A: A company is a legal entity formed by a group of persons to operate a business for the achievement…

Q: Discuss what forms of relevant information are applicable for business decisions related to Make or…

A: Decision making model: A general approach to tactical decision making includes : Define the…

Q: What is the legal form of your business? Is your businessa sole proprietorship, a partnership, or a…

A: The legal type a firm chooses to control beneath is a very important call with implications for the…