You start selling product out of your house as a side business to make money on top of your day job. By default, what ty...
You start selling product out of your house as a side business to make money on top of your day job. By default, what type of business structure are you currently operating?
Homework Answers
The answer is Sole proprietorship
A sole proprietorship is the most common type of business structure. One person, a sole owner, owns and operates a sole proprietorship. If you want to have complete control of your business, a sole proprietorship is a good option.
There is no separate business entity produced by sole ownerships. The assets and liabilities of your company are not different. The holders in their personal tax return include both their business expenses and personal income.
Sole owners are liable for the liabilities, debt, and losses of the business. If your business goes into debt, there may be a risk to your personal assets.
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You start selling product out of your house as a side business to make money on top of your day job. By default, what ty...
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You are selling your product at a three-day event. Each day, there is a 60% chance that you will make money. What is the probability that you will make money on the first day and lose money on the second day, and make money on the third? 0.288 0.144 0.216 0.096
(CO 3) You are selling your product at a three-day event. Each day, there is a...
(CO 3) You are selling your product at a three-day event. Each day, there is a 60% chance that you will make money. What is the probability that you will make money on the first day and lose money on the next two days? 0.096 0.216 0.144 0.288
(CO 3) You are selling your product at a three-day event. Each day, there is a...
(CO 3) You are selling your product at a three-day event. Each day, there is a 60% chance that you will make money. What is the probability that you will make money all three days? 0.096 0.216 0.144 0.288
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You want to buy the latest album the day it comes out. Target is selling it for $17.99, and iTunes has it for $14.99. Where will you buy the album and how will you pay for it? Where and Payment Type: Why? The car you bought in question 1 breaks down, and this time your friend can't fix it. You take it to the repair shop, which will charge $399. You don't have that money right now, but you'll have...
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