How does running a company as a partnership as opposed to a corporation benefit the parties involved? What are the drawbacks of this approach?

Q: Is it ethical to concentrate only on shareholder wealth, or should stakeholders as a whole be…

A: A stakeholder is any individual or group that has an interest or concern in an organization.…

Q: What are holding companies? What are theiradvantages and disadvantages?

A: Holding companies: Holding company is a corporation that does not carried out any processes,…

Q: What are some of the legal risks associated with organizing a business as a partnership? In your…

A: SOLUTION- PARTNERSHIP- IT IS A KIND OF BUSINESS WHERE A FORMAL AGREEMENT BETWEEN TWO OR MORE PERSONS…

Q: Which of the following legal forms of organization is most expensive to organize? O corporations O…

A: A business organization is a creation of an entity with the aim to earn economic and non-economic…

Q: What are the main advantages of (a) proprietorships, (b) partnerships, and (c) limited liability…

A: Proprietorship is a form of business where a single person runs & owns the business. He has…

Q: How do you distinguish a partnership from a corporation? How do you distinguish a public partnership…

A: Answer: As per given-