The characteristics of the business form that led the owner to choose it. Introduction: A business is an economic system whether the goods or services are exchanged for money. Production, buying of raw materials and selling of finished goods are the works related to the business. Business is the thing which improves the people’s standard of living.

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Answer 1

Question

Chapter 3, Problem 3.9AE

Summary Introduction

To determine: The characteristics of the business form that led the owner to choose it.

Introduction:

A business is an economic system whether the goods or services are exchanged for money. Production, buying of raw materials and selling of finished goods are the works related to the business. Business is the thing which improves the people’s standard of living.

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Students have asked these similar questions

Differentiate between partnership and sole proprietorship form of business. Explain briefly, in your opinion which form of business is better?

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If you were to start a business, which ownership form would you choose? What factors might affect your choice?

Answer 2

Question

Chapter 3, Problem 3.9AE

Summary Introduction

To determine: The characteristics of the business form that led the owner to choose it.

Introduction:

A business is an economic system whether the goods or services are exchanged for money. Production, buying of raw materials and selling of finished goods are the works related to the business. Business is the thing which improves the people’s standard of living.

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Answer 3

Question

Chapter 3, Problem 3.9AE

Summary Introduction

To determine: The characteristics of the business form that led the owner to choose it.

Introduction:

A business is an economic system whether the goods or services are exchanged for money. Production, buying of raw materials and selling of finished goods are the works related to the business. Business is the thing which improves the people’s standard of living.

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Answer 4

Question

Chapter 3, Problem 3.9AE

Summary Introduction

To determine: The characteristics of the business form that led the owner to choose it.

Introduction:

A business is an economic system whether the goods or services are exchanged for money. Production, buying of raw materials and selling of finished goods are the works related to the business. Business is the thing which improves the people’s standard of living.

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Answer 5

Chapter 3, Problem 3.9AE

Summary Introduction

To determine: The characteristics of the business form that led the owner to choose it.

Introduction:

A business is an economic system whether the goods or services are exchanged for money. Production, buying of raw materials and selling of finished goods are the works related to the business. Business is the thing which improves the people’s standard of living.

Answer 6

Chapter 3, Problem 3.9AE

Summary Introduction

To determine: The characteristics of the business form that led the owner to choose it.

Introduction:

A business is an economic system whether the goods or services are exchanged for money. Production, buying of raw materials and selling of finished goods are the works related to the business. Business is the thing which improves the people’s standard of living.

Answer 7

Chapter 3, Problem 3.9AE

Summary Introduction

To determine: The characteristics of the business form that led the owner to choose it.

Introduction:

A business is an economic system whether the goods or services are exchanged for money. Production, buying of raw materials and selling of finished goods are the works related to the business. Business is the thing which improves the people’s standard of living.

Answer 8

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Answer 9

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Answer 11

Ch. 3 - Prob. 3.1QR Ch. 3 - Prob. 3.2QR Ch. 3 - Prob. 3.3QR Ch. 3 - Prob. 3.4QR Ch. 3 - Prob. 3.5QA Ch. 3 - Prob. 3.6QA Ch. 3 - Prob. 3.7QA Ch. 3 - Prob. 3.8QA Ch. 3 - Prob. 3.9AE Ch. 3 - Prob. 3.10AE

Solution Summary: The author analyzes how Person X interviewed a sole proprietorship to determine the characteristics of the business form that led the owner to choose it.

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Chapter 3 Solutions