The major advantage of the corporate form of ownership is limited legal liability which means that the owner is limited to liability up to the tune of the amount that he invested in the company.
The corporate form of ownership means a business/organization that is operating as a legal entity, that is, it is run separate from the parties who own it.
In other word, the corporation which operates as legal entity is created for purpose of operating for profit for individuals, stockholders, shareholders etc
<u>Some </u><u>advantages </u><u>of </u><u>corporation </u><u>includes</u>
- Owners has limited liability.
- The easy transfer of ownership.
- The corporations usually lasts forever.
In conclusion, the major advantage of the corporate form of ownership is limited legal liability which means that the owner is limited to liability up to the tune of the amount that he invested in the company.
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<em>brainly.com/question/1705632</em>
Answer:
PV of annual payments = 400 x P/A(6%, 10) = 400 x 7.3601 = 2,944.04
PV of capital fund discounted back to year 0 = 50,000 x P/F(6%, 10) = 50,000 x 0.5584 = 27,920
Additional amount ($) = 27,920 - 2,944.04 = 24,975.96
Yes. In a resume, you should include specific words so you appear as a good candidate for a job.
Answer: Kaizen
Explanation: In simple words, Kaizen refers to the method of production in which the organisation focuses on increasing the production and reducing the waste that may occur during the process.
The objective of using such method is to gain sustained improvement in the processes and increasing efficiency in the operation continuously for a specified period of time.
This method is also termed as rapid improvement process as it requires organisation to make drastic changes in their processes.
