Answered: If someone buys a business but hires…

If someone buys a business but hires professional managers to run it so they don’t have to be involved in the operations, are they an entrepreneur?

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 4Q: What are some of the reasons a business owner might choose the corporate form of business?

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