Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 2 [ 20 marks] 1. name the different type

Question 2 [ 20 marks] 1. Name the different types of business forms in...

80.2K

Verified Solution

Question

Accounting

Question 2 [ 20 marks]

1. Name the different types of business forms in South Africa and name one advantage and one disadvantage of each business form. (15)

2. What is meant by the term unlimited liability? State the business forms with this type of liability. (5)

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

Q

Write an LC-3 program that will repeatedly read a character from the keyboard. For each character...

Electrical Engineering
Q

What is the main role of the hormone aldosterone in the human body the reabsorption...

Biology
Q

3 A piece of metal has a cutoff wavelength of Acutoff 450 mm Consider illuminating...

Physics
Q

Mateo teaches a continuing education class at the library on Tuesday nights He estimates that...

Basic Math
Q

The price p t of a product is assumed to satisfy the differential equation A...

Calculus
Q

Lucky Larry wins $1,000,000 in a state lottery. The standard way in which the state...

Algebra
Q

Bodin Company manufactures finger splints for kids who get tendonitis from playing video games....

Accounting
Q

Blossom Co, purchased a machine on January 1,2025, for $2,100,000 for the express purpose of...

Accounting
Q

Following are preacquisition financial balances for Padre Company and Sol Company as of December 31....

Accounting
Q

Sunland's Hardware reported cost of goods sold as follows.

Accounting
Q

Star (Pty) Ltd purchased new equipment to replace equipment that it has used for five...

Accounting
Q

Below are amounts for two companies: For each company, calculate the receivables turnover ratio. Which...

Accounting