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Mars2501 [29]
3 years ago
15

Businesses can be classified into the following forms: sole proprietorship, partnership, corporation, limited liability company

(LLC), and limited liability partnership (LLP).Different forms of businesses have different characteristics. Which of the following characteristics would apply to a corporation?
Owned by single individual
Owners have limited liability
Exempt from double taxation
Easier to transfer ownership in the form of stock
Chartered by a state and is its own legal entity separate and distinct from its owners and managers
Has unlimited life
Business
1 answer:
Charra [1.4K]3 years ago
6 0

Answer:

Owners have limited liability.

Explanation:

A corporation is an entity , established by shareholders or individuals with the aim of making profit. It is a legal entity hence can enter into a contract, can also sue and be sued.

The legal process involved in the establishment of corporation is called incorporation. It contains the main reason why the corporation is in business, name and office address, types and number of shares to be issued.

Because the business is incorporated and also a legal entity, it means that the owners are protected personally should their be any litigation against the corporation. Moreover, the liability of the owners are limited to the investment in the corporation.

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Production and sales estimates for June are as follows:
anastassius [24]

Answer:

Production= 13,000

Explanation:

Giving the following information:

Estimated inventory (units), June 1 18,500

Desired inventory (units), June 30 19,000

Expected sales volume (units):

Area X 3,000

Area Y 4,000

Area Z 5,500

Total= 12,500

To calculate the production for the period, we need to use the following formula:

Production= sales + desired ending inventory - beginning inventory

Production= 12,500 + 19,000 - 18,500

Production= 13,000

5 0
3 years ago
Evaluate Microsoft’s product and marketing evolution over the years. What has the company done well, and where did it falter?
OverLord2011 [107]

Explanation:

Microsoft is a giant technology company with worldwide influence.

Its success and reputation have ensured the company the position of the most valuable company in the world by market capital.

The popularization of the Windows Operating System, worldwide, was the product that consolidated the company as a giant in the business world. Technological companies, should focus on innovation, as each day more advances in technology appear to correct possible system errors, make the user's performance and use better and make production costs cheaper. With regard to the Operating System for computers, Microsoft has always evolved in launching new, more evolved versions, and making the previous ones obsolete for use, but one of the company's failures was to have lost the timing to develop an OS aimed at the use in cell phones, since that the company tried to enter this market, but was unsuccessful, and was defeated by its biggest competitors: Google and Apple.

8 0
4 years ago
Values are a. acceptable behavior as defined by the company and industry. b. enduring beliefs and ideals that are socially enfor
Mrrafil [7]

Answer:

b. enduring beliefs and ideals that are socially enforced.

Explanation:

Values are general beliefs and ideas shared by some culture or community, which is also acceptable and enforceable by the society.

The common belief of a common individual to take the decision of good or bad by his own, with some values related to ethics is all in context of values.

It impacts individuals in very significant manner as is clearly visible in an individual what kind of values does he carry.

Therefore, correct answer is:

b. enduring beliefs and ideals that are socially enforced.

3 0
3 years ago
When more than one vehicle is stopped at an intersection, which vehicle has the right-of-way?
julia-pushkina [17]
The correct answer is C
5 0
3 years ago
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Corporations often allocate all or part of their profits to shareholders. This is called _____.
Mariana [72]

Answer:

Explanation:

Dividends.

Usually now days, the rate of return is anywhere from 3 to 8 %. That means that if you have 10000$ worth of stock, you should expect about 300 dollars per year back. Doesn't sound like much, but it can build up.

Shares are what you buy that return the dividends. 1 share brings back so much money. You don't have to sell the shares to get the money. I have no idea what allotments and dispensations are when referring to stocks.

7 0
3 years ago
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