Lauren, Kathryn and Emily are doctors seeking to form a business entity. The only two requirements...
Lauren, Kathryn and Emily are doctors seeking to form a business entity. The only two requirements the girls are considering are limiting liability as much as possible and that they all may operate the business. Lauren and Kathryn are concerned about Emily’s competence. From Lauren and Kathryn’s perspective the best business entity would be
A. limited partnership.
B. limited liability partnership.
C. professional corporation.
D. general partnership.
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Lauren, Kathryn and Emily are doctors seeking to form a business
entity. The only two requirements...
A business entity formed by two or more individuals who each have unlimited liability for business...
A business entity formed by two or more individuals who each have unlimited liability for business debts is called a A. corporation. B. sole proprietorship. C. general partnership. D. limited partnership. E. limited liability company.
5. The most dominant form of business organization is the a legal entity formed by selling...
5. The most dominant form of business organization is the a legal entity formed by selling shares of stock to investors who then become shareholders and the of the company. 6. ( True False) A corporation and its shareholders can be sued and can be held liable for the corporations debts. 7. (True False) A joint venture is a relationship created between two or more persons or corporations for a specific undertaking. 8. A business trust is a business organization...
5. The most dominant form of business organization is the a legal entity formed by selling...
5. The most dominant form of business organization is the a legal entity formed by selling shares of stock to investors who then become shareholders and the of the company. 6. ( True False) A corporation and its shareholders can be sued and can be held liable for the corporations debts. 7. (True False) A joint venture is a relationship created between two or more persons or corporations for a specific undertaking. 8. A business trust is a business organization...
Alice and Bill plan to go into business together. For the first two or three years...
Alice and Bill plan to go into business together. For the first two or three years of operations, they anticipate losses, which they would like to use to offset income from other sources. They also are concerned about exposing their personal assets to business liabilities. Advise Alice and Bill as to what business form would best meet their needs. A. LLC. While offering Alice and Bill the limited liability of a corporation, a limited liability company (LLC) with more than...
Discussion- Business Entity Directions: (You must post before you can see other postings.) Read the Instructor...
Discussion- Business Entity Directions: (You must post before you can see other postings.) Read the Instructor Notes on Business Entity. Be mindful of all the unique distinctions between the entities. (ie.. formation, taxation. Profits and loss, etc.) Incorporate the notes into your answers. Identify legal and regulatory issues to be considered in creating/modifying this business. Identify and make clear reason, based on the facts in the situation, why you made that choice? Keep your posting limited to 300-500 words! What...
3. Matching: Match these characteristics to their business form(s)/structure(s). Write the corresponding uppercase letter or letters...
3. Matching: Match these characteristics to their business form(s)/structure(s). Write the corresponding uppercase letter or letters on the line(s). The number of blanks correspond to the number of letters that apply to that characteristic, use only one letter per blank (1 points per blank- 25 total) Owned by a singled individual Owned by two or more people (not called A. Sole Proprietorship B. General Partnership C. C Corporation D. S Corporation a. shareholders) Owned by shareholders _Proprietors) has full liability...
Using the following criteria, select the best business form for your scenario. Criteria: · Startup process:...
Using the following criteria, select the best business form for your scenario. Criteria: · Startup process: automatic vs. filing requirements · Financing · Ownership/Management {control} · Limitations on Liability {still need business insurance}. · Continuity of life · Taxes Your choices are: a. Sole Proprietorship b. Joint Venture c. Partnership d. Limited Partnership e. Limited Liability Company f. Corporation Freda is a stay-at-home mom whose youngest child just started first grade. Freda would like to earn extra money while her...
TRUE OR FALSE/ MULTIPLE CHOICE and word response questions. C. a more permanent government involvement in the ba...
TRUE OR FALSE/ MULTIPLE CHOICE and word response
questions.
C. a more permanent government involvement in the banking system, even creating a pational banking system that owns and operates most of the global and regional banks. Deshort-term increases in government spending to stimulate the economy. 20. When describing the state of the U.S. economy, reporters often refer to the nation's GDP, its unemployment rate, and the CPI. Explain what each of these terms means and why each measure is significant....
QUESTION 1 Manuela has worked as an accountant in her own accounting business, a sole proprietorship,...
QUESTION 1 Manuela has worked as an accountant in her own accounting business, a sole proprietorship, for more than seven years. Among the services she offers is tax return filing and personal investment advising. Which of the following is true of Manuela’s business? A. Manuela has little control over the management and operations of her business. B. Manuela has unlimited liability. C. Outside funding for the business has been easy for Manuela to obtain. D. Manuela had varied and complicated...
Please read the article and answer about questions. You and the Law Business and law are...
Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...
5. The most dominant form of business organization is the a legal entity formed by selling shares of stock to investors who then become shareholders and the of the company. 6. ( True False) A corporation and its shareholders can be sued and can be held liable for the corporations debts. 7. (True False) A joint venture is a relationship created between two or more persons or corporations for a specific undertaking. 8. A business trust is a business organization...
5. The most dominant form of business organization is the a legal entity formed by selling shares of stock to investors who then become shareholders and the of the company. 6. ( True False) A corporation and its shareholders can be sued and can be held liable for the corporations debts. 7. (True False) A joint venture is a relationship created between two or more persons or corporations for a specific undertaking. 8. A business trust is a business organization...
3. Matching: Match these characteristics to their business form(s)/structure(s). Write the corresponding uppercase letter or letters on the line(s). The number of blanks correspond to the number of letters that apply to that characteristic, use only one letter per blank (1 points per blank- 25 total) Owned by a singled individual Owned by two or more people (not called A. Sole Proprietorship B. General Partnership C. C Corporation D. S Corporation a. shareholders) Owned by shareholders _Proprietors) has full liability...
TRUE OR FALSE/ MULTIPLE CHOICE and word response
questions.
C. a more permanent government involvement in the banking system, even creating a pational banking system that owns and operates most of the global and regional banks. Deshort-term increases in government spending to stimulate the economy. 20. When describing the state of the U.S. economy, reporters often refer to the nation's GDP, its unemployment rate, and the CPI. Explain what each of these terms means and why each measure is significant....
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