Q: Compare the characteristics of organizational and legal forms of enterprises: Criteria The organizational and legal form Individual entrepreneur Economic partnership (LLC) Economic society (JSC) Simplicity of the creation       Control over the activities                   Liability of the owners           Investment Liquidity*       Period of existence

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Q: Compare the characteristics of organizational and legal forms of enterprises:

Criteria

The organizational and legal form

Individual entrepreneur

Economic partnership

(LLC)

Economic society

(JSC)

Simplicity of the creation

 

 

 

Control over the activities

 

 

 

 

 

 

 

 

 

Liability of the owners

 

 

 

 

 

Investment Liquidity*

 

 

 

Period of existence

 

 

 

 

 

 

 

 

 

 

 

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