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3 years ago

Which is not a major advantage of a sole proprietorship?

Business

1 answer:

krek1111 [17]3 years ago

7 0

Answer:

The correct answer would be option D, Unlimited Personal Liability.

Explanation:

When a person sets up a new business on his own, without having any other person's involvement, or without any partnership, then he is solely responsible for all the profits he earns and all the losses he bears. He is completely responsible for all the liabilities, which is no doubt not a major advantage of being a sole proprietor. He has the full control over the business, he is the only decision maker, he also enjoys the profits solely, but besides all of these advantages, when it comes to debts or any damages, he is the one solely responsible for these debts and damages. This means he has the unlimited personal liability.

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DuPont assigned groups comprised of chemists, sales and marketing executives, and regulatory specialists to sell an herbicide to

ICE Princess25 [194]

Answer:

Explanation:

Team selling

Team selling involves two or more departments of an organization coming and working together to make major profit in their business. For example, DuPont assigned groups comprised of chemists, sales and marketing executives, and regulatory specialists to sell an herbicide to corn growers. These group came together to make a profit of $57 million intheir firstmyear the effort is team selling.

4 0

3 years ago

Read 2 more answers

Unissued shares are?

love history [14]

Unissued stock. Unissued stock is shares in a company that have been authorized for use, but which have never been issued. These shares cannot be used to cast votes in shareholder elections, nor are they entitled to receive dividends.

8 0

4 years ago

Government spending will not crowd out private spending if:

yuradex [85]

There is an inflationary gap

I hope that helped

4 0

3 years ago

Golebiewski Corporation has provided the following contribution format income statement. Assume that the following information i

Andrews [41]

Answer:

Margin of safety= $9,000

Explanation:

First, we need to calculate the selling price and unitary variable cost:

Selling price= 150,000 / 5,000= $30

Unitary varaible cost= 112,500 / 5,000= $22.5

Now, we need to determine the break-even point in dollars:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 35,250 / [(30 - 22.5) / 30]

Break-even point (dollars)= 35,250 / 0.25

Break-even point (dollars)= $141,000

Finally, the margin of safety in dollars:

Margin of safety= (current sales level - break-even point)

Margin of safety= 150,000 - 141,000

Margin of safety= $9,000

8 0

3 years ago

What effects did European colonization have on Native Americans in North America? In your response, be sure to consider: A. what

Galina-37 [17]

Answer:

European colonization devastated the lives of Native Americans in the US. Currently about 5 million native Americans live in the US, while the total US population is 329.45 million (roughly 1.5%). The vast majority of Native Americans (78%) currently live in Oklahoma, Arizona, and California. none of these states was a part of the original American colonies so that can give us an idea that the general policy taken by European colonists was to wipe them out.

In the US, Native American societies were not as advanced as those societies in Mexico and Central America (Aztecs and Mayans), or the Incas in South America. At first European colonists didn't confront the Native Americans directly since they actually received a lot of help from them (remember Thanksgiving).

But as American colonies started to grow and develop, Native Americans became a problem because no one likes to be thrown out of their homes, so conflicts started.

Spanish colonists had a religious view on Native Americans and they tried to convert them to Christianity after they took everything that they considered valuable from them. Mexico which is also part of North America, currently has a very large Native American and mestizo population (combined 90%).

On the other hand, British and Dutch colonists took a different approach and once the Native Americans were not useful anymore, they basically killed them all (or the vast majority).

4 0

3 years ago