Kate, a third-year university student, wants to start a business offering tutoring for high school...
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Accounting
- Kate, a third-year university student, wants to start a business offering tutoring for high school students while she completes her double degree. Kate believes the sole trader structure might be an appropriate business type to choose.
- Why is the sole trader business structure appropriate for Kate under her circumstances? Be specific in your answer and justify your points.
- What might prompt Kate to later change to a partnership structure?
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