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3 years ago

Which of the following business ownership structures is the simplest and easiest to set up?

Business

1 answer:

victus00 [196]3 years ago

4 0

Answer:

C. Sole Proprietorship

Explanation:

Sole Proprietorship is a business owned and less capital required business that can be operated, it is can be operated even by an individual with a simple setup such as a table and a chair in a garage.

With Limited Liability Company (LLC), there are a lot of legal requirements to be reached before setting it up, such as putting in place board of directors, internal auditors and external auditors, mentioning few.

With Partnership it requires two or more individuals in order to operate in addition to a partnership deed.

With Corporation it is similar to the LLC

Thus Sole proprietorship is the simplest and easiest to set up.

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Pemco Enterprises sells annual membership to its shooting lodge. The memberships cost $240 each. On January 1, Pemco sold 2,000

jenyasd209 [6]

Answer:

Option C. $480,000

Explanation:

The reason is that the consideration (Services of memberships which has monetary value) of the contract to deliver the subscribers has been delivered by the Pemco Enterprise which was active their member account and let them enjoy the services which they provide so the sales would be the amount that the company is legally entitled to receive after delivering the consideration of the contract and is $480,000 ($260 * 2000 memberships).

5 0

3 years ago

While stockholders elect the board of directors of a corporation, the board of hires the president, vice president and other off

klemol [59]

The answer is directors.

<h3>What entity elects the board of directors for a corporation?</h3>

The corporation's stockholders elect its board of directors, but they play no other direct role in how the company is run. The board makes the important company decisions of directors.
The president of a corporation is chosen directly by its stockholders.
In addition to their duty as members of the board of directors, the officers are charged with particular duties. President As the company's chief executive officer, the president, is responsible for the following duties: Preside over board meetings. Served as the executive committee's chairman.
The promotion of the organization's work and the recruitment of resources to support its programs and services are some of the duties of board members.

While stockholders elect the board of directors of a corporation, the board of hires the president, vice president and other officers, who manage the corporation.

The answer is directors.

To learn more about The board of directors of a corporation, refer to:

brainly.com/question/21121907

#SPJ4

5 0

10 months ago

Scarcity can be eliminated if

bogdanovich [222]

Answer:

The scarcity is the key problem that the economics are trying to find an answer to and try to mitigate by making the resources more productive.

The scarcity arises because of 2 main factors,

The human wants are Unlimited
The resources available to satisfy these wants are Limited

In theory, if we need to "eliminate" scarcity complete we should either Limit our Needs or find an Unlimited source of resources we require.

However, these are not practical solutions.

So because of this, economics try to utilize technology and other factors to harness the full potential of resources and to use them optimally.

Explanation:

6 0

3 years ago

What is the order of operations?

maxonik [38]

Answer:

I think the answer is B.

Explanation:

6 0

3 years ago

Read 2 more answers

Carla Vista Co. had the following assets on January 1, 2017. Item Cost Purchase Date Useful Life (in years) Salvage Value Machin

Minchanka [31]

Answer:

I have no Idea ask your teacher

7 0

2 years ago