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Sati [7]
4 years ago
12

What is the chief disadvantage of the sole proprietorship as a form of business organization when compared to the corporate​ for

m?
Business
1 answer:
Yuri [45]4 years ago
4 0

Answer:

The correct answer is unlimited liability for personal assets.

Explanation:

Both terms can be described as follows:  

Sole Proprietorship: This type of business has only one owner of the firm and he is totally responsible for any liability or loss. Liability can be recovered by acquiring the personal assets of the owner.

Corporation: This type of business can have a number of shareholders and each shareholder has limited liability for any loss in the company. in the case of any loss, the money he invested in the company can be acquired and there is no threat to his personal assets.  

Hence, the chief disadvantage of a sole proprietorship is unlimited liability for personal assets.

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In order to successfully carry out an acquisition, the managers at Pink Inc. prepared a list of potential target companies that
satela [25.4K]

Answer:

A- Due diligence

Explanation:

Due diligence is an investigation, audit or the review that to be performed in order to confrim the facts within the consideration. It needs the examination of the financial records prior entered into the upcoming transaction with the other party

So as per the given situation, the first option is correct

6 0
3 years ago
Major limitations of the balance sheet include all of the following except: it necessarily omits many items that are of financia
olga_2 [115]

Answer:

Option D Only amounts known with absolute certainty are reported

Explanation:

This is incorrect statement because International Accounting Standard IAS 37 Provisions, Contingent Liabilities and Contingent Assets sheds light on the recording of future events that will arise as a result of past events. The standard is useful in estimating future events so saying that the absolutely certain amounts are reported is incorrect.

4 0
4 years ago
Some investment opportunities that should be accepted from the viewpoint of the entire company may be rejected by a manager who
Temka [501]

Answer: return on investment

Explanation:

The return on investment is a ratio that exists between the net profit and the cost of that particular investment. It should be noted that a high return on investment simply means that the profit of the investment compare favourably to the cost incurred for that investment.

Some investment opportunities that should be accepted from the viewpoint of the entire company may be rejected by a manager who is evaluated on the basis of return of investment.

8 0
3 years ago
Kendra earns $10 per hour babysitting and $15 per hour providing tech support. Her goal is to save at least $1000 by the end of
UkoKoshka [18]

The fewest number of hours from the graph is 73 hours.

<h3>Equation</h3>

Equation is an expression used to show the relationship between two or more numbers and variables.

Let x represent the number of $10 course and y represent the number of $15 course.

Her goal is to save at least $1000, hence:

  • 10x + 15y ≥ 1000    (1)

Also:

  • x + y ≤ 80   (2)

The fewest number is (20, 53)

The fewest number of hours from the graph is 73 hours.

Find out more on equation at: brainly.com/question/2972832

5 0
3 years ago
When eric and david sit down with​ linda, eric complains that david is​ micro-managing him on the quantum electronics project. a
Aleksandr [31]
Transactional leadership

Transactional leadership is a leadership style that deals with the function of supervision, organization, and employee’s performance to achieve high job performance. Leaders who carryout this style focuses on specific tasks and use rewards and punishments to motivate followers.






3 0
4 years ago
Read 2 more answers
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