Sole proprietorship has a single owner while partnerships has two or more owners.
The person who sell cars would be salesmen
If you’re a sole proprietorship or general partnership, you’ll need to file a DBA if you want your company to operate under a name that’s not your full, legal name, or your partner’s name. That’s because sole props and GPs are unincorporated, and they don’t need to file entity formation papers, and a business entity name, with the state. (Though they do still need to acquire the necessary business licenses and permits.)
So, they and their business are one in the same entity—which means they and their business have the same name, too—unless they file a DBA.
I hope it helped you!
Employment is the act of working in exchange for an income.
Employment is a relationship between two parties,
usually based on a contract where work is paid for, where one
party, which may be a corporation, for profit, not-for-profit organization, co-operative or
other entity is the employer and the other is the employee.
Answer:
true
Explanation:
Things to consider in the inception stage are the vision of the project, the feasibility of the project, cost estimate and if the project should be undertaken.
some of the steps taken in the inception stage includes:
the analysis of the critical non-functional requirement
the creation of a business case,
Preparation for the elaboration phase
