Q: Compare the characteristics of organizational and legal forms of enterprises: Criteria The organizational and legal form Individual entrepreneur Economic partnership (LLC) Economic society (JSC) Simplicity of the creation       Control over the activities                   Liability of the owners           Investment Liquidity*       Period of existence

Q: Question Content Area Which of the following is true regarding a limited liability company?…

A: For starting or organisation of business, several business forms can be used. These can be sole…

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

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Q: Explain common forms of business ownership—soleproprietorship, partnership, and corporation—and…

A: A form of business that is owned and controlled by an individual and does not have a separate legal…

Q: Form of business that is legally created under Oman Commercial Law a. Cooperative b. Partnership c.…

A: Cooperative societies means that form of  activities which is run with the motive of mutual…

Q: Choose the correct.Which of the following does not indicate an investor company’s ability to…

A: Significant influence: One can exercise significant influence on the other, if one holds 20% or more…

Q: The ability to combine skills and knowledge is anadvantage of aa. partnership.b. sole…

A: Partnership is a form of business in which two or more than two people invest their time and money…

Q: Identifying advantages and disadvantages of a corporation Following is a list of advantages and…

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Q: Using accounting vocabulary Consider the following accounting terms and definitions, and match each…

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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: Which of the following is true about an organizational structure? It is either a sole…

A: Business organization means combination and coordination of different people for the purpose of…

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: Write a letter advising a hypothetical sole proprietor to choose another form of business ownership.…

A: To, The sole proprietor, Place .... Letter:: Advantage of having another form of business rather…

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: Discuss the different types of business structures and compare and contrast these different…

A: Introduction: The way activities like task distribution, coordination, and supervision are oriented…

Q: he entity that obtains control over another business in a business combination called the

A: Consolidated financial statements: When an investor company holds above 50% in the outstanding stock…

Q: All of the following are forms of business organizations except: A. proprietorship B. partnership C.…

A: Business organization refers to an entity formed for the purpose of commercial transactions whose…

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

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Q: 4. Forms of business organizations Businesses can be classified into the following forms: sole…

A: Solution Concept Partnership business is a form of business which is carried out by two or more…

Q: What are the disadvantages of a partnership over a limited liability company form of organization…

A: PARTNERSHIP:A partnership is that form of business where more than two persons enjoy their share in…

Q: The following describe several different business organizations. Determine whether each description…

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

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: Businesses can be classified into the following forms: sole proprietorship, partnership,…

A: Choosing the right sort of business takes significant research and thought and It's beneficial to…

Q: Determine if sole proprietorship, partnership, or corporation. Select all that is applicable between…

A: Business ownership seems mostly seems in three top forms i.e sole proprietorship, partnership, or…

Q: A partnership: A) Is also called a sole proprietorship. B) Has unlimited liability for its partners.…

A: Hi, Thank you for the Question. As per the honor code, we’ll answer the first question since the…

Q: Which type of business organization requires huge amount of capital? a. Joint venture b. Corporation…

A: Company means a form of business where the share holder invest money in business in form of shares…

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: The economic entity assumption requires that the activities Select one: a. of a sole proprietorship…

A: The economic entity is an accounting assumption followed by every organization. According to this…

Q: Determine if sole proprietorship, partnership, or corporation. Select all that is applicable between…

A: A corporation other enterprising entity engaging in commercial, industrial, or professional activity…

Q: Discuss the differences between investment in associate and interest in joint venture in accounting…

A: Malaysian Financial Reporting Standards (MFRS): It was established by the Malaysian Accounting…

Q: Determine whether each describes a sole proprietorship, a general partnership, or a corporation.…

A: The answers are provided below:

Q: Classify the business practices of bubble Box, and tea’s Cup according to its similarities to the…

A: A shareholder can be an individual, company, or institution that owns shares of the company,so one…

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: Of the following forms of business organization, which have stockholders with limited liability? a)…

A: SOLUTION-   A CORPORATION IS AN INCORPORATED ENTITY DESIGNED TO LIMIT THE LIABILITY OF ITS OWNERS…

Q: Explain any three (3) differences between maximising profits and maximising shareholders’ wealth.…

A: A wealth of a shareholder maximizes when the net worth of company maximizes, which is viewed as a…

Q: Compare and contrast the three types of business organizations (Sole proprietorship, Partnership,…

A: We have to compare and contrasts three different types of business organization across parameters…

Q: Which of the following organization forms accounts for the greatest number of firms? O A. Limited…

A: The businesses are established to earn income. The business can be in any form like partnership,…

Q: owners of corporations

A: Correct Answer :- A  Shareholders