Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. help please! , (a) and (b) make sure to have the p

Help please! , (A) and (B) make sure to have the perfect answer with 100...

80.2K

Verified Solution

Question

Accounting

Help please! , (A) and (B) make sure to have the perfect answer with 100 word and no copying or plagiarism. Take your time please
image
Question 2 (2 marks) You and your neighbour, Karen, have decided to start a consulting business offering advice to people who have had bad experiences dealing with businesses. The options for the structure for your new consulting business are a partnership or a company. a) List and explain two advantages and two disadvantages of each of these business structures (partnership and a company). Do not repeat these advantages or disadvantages (100 words) (1 mark) b) Recommend the business structure (partnership or company) you and Karen should select, and why. Assume you are both concerned about the legal issues (for example, your personal liabilities) for this consulting business once you commence operations (100 words). (1 mark)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students