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
Sladkaya [172]
4 years ago
11

Fred is starting a software writing company. He is the owner and has only three employees. He wants a simple, inexpensive form o

f ownership that leaves him in control and that he can quickly dissolve if he decides to change to another business. His best choice of ownership would be ________.
Business
1 answer:
luda_lava [24]4 years ago
5 0

Answer:

<u>Sole proprietorship.</u>

Explanation:

The best property choice for Fred's business would be <em>a sole proprietorship.</em>

This corresponds to a popular commercial form due to the simplicity of business operations, ease of implementation and relatively low cost.

In the sole proprietorship, a single owner will be able to register the name of his business (which can be the name of the owner or a fictitious name) and obtain the necessary licenses for the start of operations. It is an easy way to start a new business without the greatest risks found in some type of business partnership, since in exclusive ownership, the business responsibilities are solely of the owner, including gains and losses.

You might be interested in
P1 returns goods previously purchased on credit from P2.
natali 33 [55]
The correct answer is d
8 0
3 years ago
Sorenson LLC, a publicly traded company, has ten members on its board. Of the ten members, six members are employees of the comp
Vesnalui [34]

Answer:

D. 7

Explanation:

Based on the information provided within the question it can be said that they need to appoint a total of 7 outside board members to achieve board independence. This is because in order to achieve board independence the board needs to consist of more members that are not employees than those who are. This is because votes need to be made in accordance to what is best for the company and shareholders, which may not always be best for the employees. Therefore when voting the employees may be biased.

8 0
3 years ago
If you make a false statement or commit a forgery about your motor vehicle insurance you can be guilty of a ________ degree misd
Vinil7 [7]
<span>If you make a false statement or commit a forgery about your motor vehicle insurance you can be guilty of a  Second Degree Misdemeanor
From the different classes of misdemeanor, a second degree misdemeanor is considered less serious compared to the first degree. The punishment for second-degree misdemeanor will be no more than 2 years</span>
6 0
3 years ago
Read 2 more answers
Jacob is a customer whose sales region code is 14. He had bought goods worth $150 from ABC company in June. He does not have dea
anyanavicka [17]
I’m not sure Hyde’s we hygiene but we are going on the boat and we can go to get your hair and get some rest before I leave I can go to
4 0
3 years ago
(50 POINTS) 1 HOUR TO ANSWER PLEASE HELP. LIFE INSURANCE?
GenaCL600 [577]
1) C
2)B
3) A Hoped this helped you!
3 0
3 years ago
Other questions:
  • Sarah has rented a house from Frank. The house is only two years old, but the roof leaks every time it rains. The water that has
    5·1 answer
  • What nonprofit organization distributes knowledge related to health care for the purpose of improving health to governmental age
    13·1 answer
  • Your friend is looking for investors in a risky business venture. To convince you to participate, she is offering you a 17% rate
    15·2 answers
  • Your boss has asked you to post a message on the company's internal blog, urging everyone in your department to donate money to
    11·1 answer
  • Problem 14-17 Preparing a sales budget and schedule of cash receipts LO 14-2 Benson Pointers Corporation expects to begin operat
    10·1 answer
  • Tyler and Josie formed a partnership. Tyler received a 25 percent interest in partnership capital and profits in exchange for la
    15·2 answers
  • Theodore and James decide to enter into an agreement with a firm in Europe allowing them to use the rights to their​ software, b
    8·1 answer
  • Outline the various challenges that you are likely to face during the implementation of a dam. ​
    12·1 answer
  • Select the two statements about owners of equity in a business that are TRUE.
    14·2 answers
  • Originally developed by mis regents professor hsinchun chen, what technology is used by law enforcement agencies worldwide for d
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!