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olga55 [171]
3 years ago
11

What is the difference between a sole proprietorship and an LLC?

Business
1 answer:
kotegsom [21]3 years ago
7 0

Sole proprietorship is owned by one person. Why LLC is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation

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In which of the following situations would a delegation of contractual duties be allowed? Multiple Choice A painter hired to pai
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A painter hired to paint your home.

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Delegation of contractual duty occurs when the individual that is supposed to perform a task transfers the responsibility of performing the task to another person.

For example if someone is supposed to paint a house but he has other engagements. He can delegate to another painter to perform the painting.

Delegation does not transfer contractual rights as the original person still collects payment for performance of the task.

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2 years ago
In an effort to reduce cost on auto insurance, Sophia has lowered each component of her current plan to the cheapest possible op
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Sophia will save $38.15

Explanation:

If Sophia chooses the cheapest possible option, her choices will be:

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property damage                 $25,000                      $115.50

collision                           $500 deductible            $248.08

<u>comprehensive               $100 deductible               $88.23  </u>

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Depreciation of the manufacturing plant.

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Which is a postreading strategy common to both fiction and nonfiction?
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