Compare the potential for agency problems in sole proprietorships, partnerships, and corporations. In light of your analysis, why is the corporate form of organizations so popular?

Q: In the context of the various forms of business ownership, discuss the two basic types of…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: What issue does agency theory examine? Why is it important in a public corporation rather than in a…

A: In agency theory, shareholders give manager the decision making authority over the firm, thus…

Q: Agency problems may cause various corporate scandals. Explain why an agency problem exists in…

A: An agency problem is a problem or a conflict of interest that arises in a relationship between the…

Q: What corporate power does the board not determine but only exercise? Express power Implied power…

A: Corporate powers are those powers through which the business achieve its purpose of business and…

Q: By definition, which of the following represents the owners of a corporation? Your answer: O…

A: The balance sheet represents the financial position of the business with assets and liabilities on a…

Q: Why are corporations preferred over sole traders or partnerships

A: Sole traders is a type of business form in which only one person manages and runs all the business.…

Q: What is DOCTRINE OF CORPORATE OPPORTUNITY? Discuss.

A: A legal theory prohibiting a company's director or agent from redirecting a business possibility…

Q: Subject: Law on Partnership and Corporation 1. What are some of the causes of vacancy in the office…

A: Casual Vacancy is when a director’s office is vacated before the expiry of his tenure.   Director's…

Q: What is a corporation? Why might founders have chosen to form a corporation rather than a…

A: A corporation is a legal form of business in which shareholders are the owners and corporation has…

Q: If the corporation is considered as de facto, who can question its existence?   Board of Directors…

A: When corporation is considered as de facto, it means that corporation exist even though it may not…

Q: Elaborate the agency problem on corporation with smaller percentage of individual onwership

A: An agency dilemma is a conflict of interest that exists in every connection in which one person is…

Q: Why are so many businesses structured as sole proprietorships when the corporate form of business…

A: A sole proprietorship refers to the sole individual entrepreneurship that is run by one person who…

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: 1. What are the potential consequence of a limited partner assumes management responsibilities…

A: An unincorporated commercial entity created by two or more people is known as a partnership. A…

Q: Which business organization has the most legal formality requirements? a. Corporation b. Partnership…

A: A corporation is funded by many owners (shareholders) and to keep their money safe, corporations…

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

A:

Q: What is the Use of Corporate General Partners?

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

Q: Agency problems would be less likely to exist in a:     sole proprietorship.     partnership.…

A: Solution: Agency problems would be less likely to exist in a "Sole proprietorship" because there is…

Q: When a group of individuals form a business together, if they are going to participate in…

A: For starting a business, it can be in forms like: Sole Proprietorship Partnership Corporation…

Q: Sumarise the advantages and dis advantages of corporation which features contribute to the dominance…

A: Corporation is form of organization under which the owners are carrying separate entity from the…

Q: . A corporation or business partnership can be an incorporator but not a corporator.

A: Corporators are those who constitute the corporation as a member or shareholders. In simple, these…

Q: agency problems would be least likely to arise a) in sole proprietorships. b) in partnerships with…

A: In sole proprietorship, only one person is the owner and that person acts on behalf of firm. So,…

Q: Is the Strategic Stakeholder model of Corporate Social Responsibility closer to the Shareholder…

A: We have to briefly understand what are  Strategic Stakeholder Model of Corporate Social…

Q: Differentiate between closely held and publicly owned corporations.

A: Any business with only a small number of stockholders is a closely held business. Its stocks are…

Q: How does running a company as a partnership as opposed to a corporation benefit the parties…

A: Describe the benefits and drawbacks of operating a business through a partnership rather than a…

Q: Write T or F. Then briefly explain. In a corporation, minority shareholders are compliant to the…

A: solution concept Minority shareholders means the shareholders who have less than 50% stake They…

Q: What would be the advantages of having companies formed at the federal level? Do you think these…

A: The confusion with the rising business is to weather go with the federal level registration or state…

Q: How does the Model Business Corporation Act affect the way corporations operate?

A: Corporation: A business concern where there is a separate legal entity, and are owned by…

Q: In your everyday consumer interactions, would you rather do business with a sole proprietorship or a…

A: Sole proprietorship is a business wherein there is only one owner who handles and invests into the…

Q: What are the key characteristics of a corporation? What are some of the advantages and disadvantages…

A: Corporation : A corporation is a legal entity whose investors purchase shares of stock as proof of…

Q: How does The Model Business Corporation Act designed to serve?

A: Corporation: A corporation is a form of business entity that is incorporated through the state…

Q: Explain an agency problem for a corporation with examples, and identify means by which the firm can…

A: An agency problem is a common problem existing in firms which arises when a conflict of interest…

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 issue does agency theory examine? Why is it important in a public corporation rather than in a…

A: Agency theory states the fiduciary duty of management towards the shareholders. The duty is to…

Q: Even though, from an accounting standpoint, partnerships are separate entities from the partners,…

A: Partnership Firm:  A Partnership firm may be defined as a group of two or more people who have…