Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which one of the following statements concerning a

Which one of the following statements concerning a sole proprietorship is NOT TRUE? * a.No...

90.2K

Verified Solution

Question

Accounting

Which one of the following statements concerning a sole proprietorship is NOT TRUE? *

a.No separation between ownership and management.

b.Lack of legal formalities

c.All profit or losses to the proprietor

d.Easy to raise more capital

Which one of the following is not a characteristic of a company? *

a.Profit will be paid to the owners in form of dividends.

b.None of the above

c.A companys life depends upon the existence of its founder.

d.A company is managed through a board of directors elected by its shareholders

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

How are cranial nerves and spinal nerves similar? How are they different? 2. What components come together...

Biology
Q

Derive/explain how thermal conductivity can be explained in terms of the kinetic theory of gases.

Physics
Q

One vegetative cell can produce MANY endospores each endospore being able to many new vegetative...

Biology
Q

A tube of length L is filled completely with an incompressible liquid of mass M...

Physics
Q

A ball floats on the surface of water in a container exposed to the atmosphere...

Physics
Q

7 e kolu olan bir merdiven bir ucu duvar zerine gelecek bi imde zemin zerinde...

Geometry
Q

Solve the system by the method of substitution If there is no solution enter NO...

Basic Math
Q

D If x 3y 3 y what is A 1 3 B dy dx at...

Calculus
Q

Let V be a vector space and S = {(2, -1, 3), (1, 2, 1))....

Algebra
Q

Highland Company produces a lightweight backpack that is popular with...

Accounting
Q

make adjusting entries a. The insurance payment in transaction #17 was...

Accounting
Q

Geneva Co. reporta la siguiente informacin para julio: Ventas $765,000 Costos variables 230,000 Costos fijos...

Accounting