1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
denpristay [2]
3 years ago
5

Which of the following is a disadvantage to choosing a sole proprietorship business structure?

Business
2 answers:
alisha [4.7K]3 years ago
5 0

Answer A is the correct one. The owner has personal responsibility for the company's liability.

There are many forms of business. Some important forms are Partnership, Corporation, Limited Liability Company, Sole Proprietorship etc.

Sole Proprietorship is a form of business in which the whole business is owned by a single person. He is the one liable for everything happening to the business. He is solely responsible for the liabilities and the profits as well. So this is usually a disadvantage of being a single owner, that you are the only one liable for all losses that may incur.

aliya0001 [1]3 years ago
4 0

Which of the following is a disadvantage to choosing a sole proprietorship business structure? The owner has personal responsibility for the company's liabilities.

A sole proprietorship is the simplest business form that can be operated. A sole proprietorship is owned by one individual and they are responsible for all of the debts the company has. The business is ran by one person and there is no distinction between the person and the business, both fall under the same number (social security number) when filing taxes.

You might be interested in
Street Company's fixed expenses total $150,000, its contribution margin ratio is 40% and its selling price per unit is $11.25. B
pickupchik [31]

Answer:

Break-even point in units= 33,333.33 units

Explanation:

<em>The break-even point (BEP) is the quantity of each product to be sold such that the business makes no profit or loss. </em>

The beak-even point can be determined as follows:  

The Break-even point in sales = Total general fixed cost / Contribution per unit margin

Contribution per unit = Contribution margin ration ×  selling price

                                   = 40%×11.25 =4.5

The break-even point (in unit) =  150,000/ 4.5 =33,333.33

break-even point in units= 33,333.33 units

3 0
3 years ago
Help fast <br><br><br><br>for 10 pts​
ololo11 [35]

Answer:

training

Explanation:

6 0
3 years ago
Read 2 more answers
The marketing department wants to buy two new computers. One computer will be used for their graphic artist to create graphics a
BartSMP [9]

Answer:

Explanation:

While buying a computer , the potential purpose and usage of the computer should as well as the component of the computer to buy should be considered in order to make a right selection .

As graphics designing software is processor intensive , a processor with a very high speed of at least 1 Ghz and an adequate RAM to aid faster process at once , minimum of 8Gb is required.

However , considering the function of a secretary which is to track billing and hours , a computer with a slower process will definitely perform the task

8 0
3 years ago
The economy continues to descend into chaos. The stock market still moves down after it makes progress forward, and unemployment
BaLLatris [955]

Answer:

A) . It is going to be a while before things get better in the United States.

Explanation:

3 0
3 years ago
Read 2 more answers
Which of the following forms provides the broadest coverage under an employee theft coverage form?
Anvisha [2.4K]

Answer: (D) Blanket position

Explanation:

The blanket position is one of the type of form that helps in providing the broadcast coverage that covers all the employees in all type of position. It is also know as the blanket fidelity.

The main purpose of the blanket position bond is that for providing the employees theft coverage in the form of coverage securities, money and the properties.

The coverage is basically base on the different types of designed position and may also differ according to the different types of positions.      

 Therefore, Option (D) is correct.

8 0
3 years ago
Other questions:
  • What is a good way to find a business idea that'll put your talents and interests to the best use? A. Buy a local business that
    11·2 answers
  • Laird's project group in his communication class selected the topic of improving services for nontraditional students on campus.
    7·1 answer
  • An annuity may best be defined as:
    9·2 answers
  • Marla Staples is concerned with identity theft. One of the ways that she can protect her information from leaking out to the wro
    7·1 answer
  • Competition affects prices, but does not have any other effects.<br> True<br> False
    15·2 answers
  • A CSR should not use email, newsletters, managers and other
    7·1 answer
  • Buying the beneficiary position on a life insurance policy of someone who is dying
    11·1 answer
  • If markets are in equilibrium, which of the following conditions will exist? A. Each stock's expected return should equal its re
    5·1 answer
  • Your company has net sales revenue of $50 million during the year. At the beginning of the year, fixed assets are $22 million. A
    12·1 answer
  • 10 POINTS NEED HELP Explain why you should search your name online before actively seeking employment.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!