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Answer:
C) One of the disadvantages of a sole proprietorship is that the proprietor is exposed to unlimited liability.
Explanation:
There is no avoidance to double taxation under corporate form, as company's pays tax on net income earned, and then if there is any distribution of income to shareholders, the shareholders are charged individually.
There is no such ease in transfer of share whether in corporate form or partnership form.
There is an indefinite liability in case of insolvency of sole proprietorship on the sole proprietor, as he is the only person in ownership of such shares.
No, voting rights in a corporate form are dependent on number of shares held.
Therefore, the correct statement is:
C) One of the disadvantages of a sole proprietorship is that the proprietor is exposed to unlimited liability.
Answer:
The correct answer is D
Explanation:
Diversified company is the company which is diversified in nature, means that type or kind of company or business which has multiple number of unrelated products and businesses.
And unrelated businesses is defined as those businesses which need or require the unique expertise of management and will have different end consumers.
The hierarchy which is strategy making for the diversified company comprise of the corporate strategy, functional strategy, operating strategy as well as business strategies.
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C coverage because it’s money to pay for the accident etc.
