Read the following extract and then answer the question below A client is interested in setting up a business and does not know which form of business to use. He has been told that he can form a sole proprietorship, or partnership, or a limited liability company. He comes seeking for business advises on the advantages and disadvantages of a registered company. Make a comparison between a sole proprietorship, partnership, and a limited liability company.
Read the following extract and then answer the question below A client is interested in setting up a business and does not know which form of business to use. He has been told that he can form a sole proprietorship, or partnership, or a limited liability company. He comes seeking for business advises on the advantages and disadvantages of a registered company. Make a comparison between a sole proprietorship, partnership, and a limited liability company.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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SECTION D
Read the following extract and then answer the question below
A client is interested in setting up a business and does not know which form of business to use.
He has been told that he can form a sole proprietorship, or
company. He comes seeking for business advises on the advantages and disadvantages of a
registered company. Make a comparison between a sole proprietorship, partnership, and a
limited liability company.
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