Answer: the correct option is D. Risk is eventually transferred to the other party
Explanation: A Partnership is a type of business arrangement in which two or more parties come into an agreement to engage in business together. These parties are known as partners.
Benefits of long-term partnerships include all the options in the question above except transferring risk to the other party, because the risk in partnerships cannot be transferred, risks are shared by all members of the partnership.
Answer:
e. She may find it difficult to deal with the stress of rent increase.
Explanation:
Carol has decided to open a Vietnamese restaurant solely. She has adopted 'sole proprietorship' form of business.
Sole Proprietorship is a form of business owned, run & managed by a single entrepreneur (proprietor).
This form of business has following advantages & disadvantages:
- Advantages : Easy formation, dissolution ; sole, flexible, quick decision making
- Disadvantages : Limited Capital ; Entrepreneur Unlimited Liability ; Less expansion scope.
So : Carol being a sole proprietor won't face problems like - difficulty in quick & independent decision making, adaptability to market demand, focus on specific consumer groups .
She as a sole proprietor, would rather face issue like limited capital funds & hence would - find it difficult to deal with stress of rent increase.
Answer:
Hi, There! I'll be glad to help
<h2>
Question</h2>
Define Share Application
<h2>Answer</h2>
An application for shares is an offer by the prospective shareholders to take the shares of the company
Explanation:
Such offers are made on application forms supplied by the company
Therefore, I hope this helps!
एक अच्छी शाम/रात हो! और मुस्कुराना न भूलें क्योंकि आपके दोस्त आपसे प्यार करते हैं और किसी के लिए खुद को नहीं बदलते <3
A solvency ratio. It measures the income or operates success of an enterprise for a given period of time.
