For a business of a certain size, which type of business organization provides the least amount of protection from bankers and other creditors of the company? OA. Proprietorship O B. Partnership OC. Both a and b O D. Corporation

Q: In an S Corporation are the unit holders liable for busin

A: Yes, they are liable for business losses too if they fulfill these requirements.

Q: A basic principle of accounting that requires activities of an entity be kept separate from the…

A: The principles of accounting, also known as Generally Accepted Accounting Principles (GAAP). It…

Q: Partnerships and​ proprietorships: Question content area bottom Part 1 A. are separate legal…

A: A partnership is an agreement between two or more individuals to manage a business and share its…

Q: What is a business owned by one individual called and the easiest legal form of business to organize…

A: Solution: Limited liability company, partnership and corporation needs more than one individual to…

Q: please answer correct in detail Identify each of the following characteristics as being an…

A: Corporate Form of business - Company is an artificial person having its separate legal entity and a…

Q: How are shareholders of a corporation viewed in legal terms? O None of these describe the legal…

A: This is thus because, inside a company, the owners, or shareholders, and the corporation itself are…

Q: What does it mean for a company to be a legal person and what does it mean for owners of a company…

A: A company refers to a voluntary association that is formed and organized by a group of people who…

Q: Please help with this Accounting type Question: Which of the following is not the purpose of…

A: The following are the reasons of admission of a new partner:1. Capital infusion: One of the most…

Q: Which of the following is not a consequence of a company being a separate legal entity?   A. A…

A: Company means a form of business where the share holder invest money in business in form of shares…

Q: In a close corporation, the controlling shareholders are usually the only people who manage and…

A: A close corporation  is a corporation which does not exceed a statutory defined number of members…

Q: How would one characterize  holding company?  a). A company that "holds" only assets, no…

A: A holding company is a business entity—usually a corporation or limited liability company (LLC).…

Q: An individual provides accounting services to a corporation in exchange for stock. the shareholder…

A: Recognition of revenue - is an important aspect of accounting of revenue to be presented during the…

Q: Explain the key principles that financial managers use when making business decisions and Describe…

A: A business organization is defined as an entity that is being incorporated with the aim to carry on…

Q: Decide which of the following statements are true. I. In most circumstances, the owners of…

A: Answer : Option (a).One is true is correct.

Q: Stockholders' equity can be described as debtor claim on total assets. creditorship claim on total…

A: Hi student Since there are multiple questions, we will answer only first question.

Q: Which of the following are in keeping with Corporate Governance?     a   Shareholders own the…

A: Corporate governance is a set of systems on the back of which a company moves forward in a…

Q: Limited liability for a company applies to: Select one: a. the shareholders b. the individual…

A: Limited liability is a type of legal structure for an organization where a person's financial…

Q: It is defined as a business activity or event that affects a business financially

A: Business activities are related to the operations of the business. These activities are of different…

Q: What reporting options related to business combinations are available for private companies

A: Business combination refers to a process in which an entity obtains control over one or more…

Q: Which of the following characteristics is an advantage of the corporate form of business? a.…

A: Corporation is a business type where the identity of corporation is different from its owners. The…

Q: Identify one advantage of corporate form of business over a proprietorship

A: Proprietorship, also known as a sole proprietorship, is a type of business ownership where a single…