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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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Match the terms to their definitions.
Irina-Kira [14]

The question requires matching the terms to their definitions.

  • <u>Hiring</u> is the process of employing (someone) for wages.

  • <u>Recruitment</u> is the process of finding new people to join an organization.

  • <u>Job Description</u> informs applicants about the responsibilities and required qualification.

  • <u>Recruitment Plan</u> is the process of integrating a new employee into an organization, maps out the strategy for attracting skilled employees and obtaining applications from a diverse workforce.

  • <u>Offer</u> is a proposal put forward by an employer to a prospective employee.

  • <u>References</u> serve the purpose of gathering information about a prospective employee from previous employers.

  • <u>Types of Recruitment</u>: internal (employees within the company) and external (people outside the company).

  • <u>Compensation</u> the money the employee will receive as a salary or wages.

  • <u>Interview</u> a face to face meeting between an employer and a job applicant.

Read more:

brainly.com/question/17850173

8 0
3 years ago
During January 2016, Wells Corporation purchased $200,000 of inventory; they paid one-fourth in cash, and signed a note for the
ivanzaharov [21]

Answer:

Inventory                        $200,000    

Cash                                                      $50,000

Notes payable                                      $150,000

Explanation:

Data provided in the question:

Cost of the inventory purchased = $200,000

Amount paid in cash =  one-fourth

= one-fourth of $200,000

= $50,000

For the remaining balance signed a note i.e = $200,000 - $50,000

= $150,000

Now,

This transaction will be recorded as:

Inventory                        $200,000    

Cash                                                      $50,000

Notes payable                                      $150,000

3 0
4 years ago
Cazden Motors' stock is trading at $30 a share. Call options on the company's stock are also available, some with a strike price
slava [35]

Answer:

d. If Cazden's stock price rose by $5, the exercise value of the options with $25 strike price would also increase by $5.

Explanation:

A call option confers a right, not an obligation upon the call buyer to buy a security at a pre determined price, known as exercise price or strike price at a future date.

A call buyer would exercise his right only in the scenarios wherein the strike price is lesser than the current market price on maturity.

Profit of a call buyer is given by = CMP as on expiry - Exercise/Strike price - Option premium paid

wherein CMP=  Current Market Price

A call option is "in the money" when it's strike price is less than it's current market price. In the given case, it means if the CMP today represents CMP upon expiry, call buyer would exercise his right and his gain would be $5 i.e $30 - $25.

Since the $25 exercise option is "in the money", an increase in stock price by $5 will also increase the strike price by $5.

 

8 0
3 years ago
Describe the short run effects of each of the following socks on the aggregate price level and aggregate output. a. The governme
zhannawk [14.2K]

Answer:

The answer is

A: Aggregate price level increases and aggregate output decreases

B. Both aggregate price level aggregate output increases

C. Aggregate price level increases and aggregate output decreases

Explanation:

A. This government action will increase the aggregate price level increases due to inflation. Aggregate output will decrease due to the increase in cost of product (high wage to labor)

B. Because of the increased spending Investment in solar program, both aggregate output and aggregate price level increase.

C. Due to the severe weather destroyed crops, aggregate price level increases and aggregate output decreases. This happened because there will be decrease in supply of crops.

8 0
3 years ago
Need help with this problem asap!!
dybincka [34]
You can go to history.com


6 0
3 years ago
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