Which of the following will force a soleproprietorship to be legally dissolved?O a. When the owner diesb. The owner donates profits.c. Sales exceed $1 million.d. The partners reorganize the firm'sstructure.

Find the answers below: The correct answer is a) When the owner dies

Which of the following will force a sole proprietorship to be legally dissolved? a. When the owner dies O b. The owner donates profits. c. Sales exceed $1 million. d. The partners reorganize the firm's structure.

Which of the following will force a sole proprietorship to be legally dissolved? a. When the owner dies O b. The owner donates profits. c. Sales exceed $1 million. d. The partners reorganize the firm's structure.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Similar questions

1. A mission statement is: A. A statement of the company's purpose B. Legally required C. Also called a divisional statement D. A company's viable view of the future 2. A service is: A. A tangible item B. An intangible item C. A good D. All of these 3. Middle managers: A. Are commonly referred to as executives B. Deal with operational issues C. Typically have the title "director" or "manager" D. Deal with strategic and tactical issues
I need all answers explain typing clear urjent
What is the most common type of corporate foundation? A. Company sponsored foundation B. A limited liability corporation (L3C) C. Community foundation D. Nonprofits that operate on behalf of the corporation
Which of the following is correct for stakeholder approach a. All stakeholders affected by company have legitimate interest in corporation b. Employees only have legitimate interest in corporation c. Suppliers have legitimate interest in corporation d. Cant say
The following are sentences relating to types of mergers and acquisitions. Which is/are true? [S1] Congeneric M&As result to a more diversified product or service line than that of a conglomerate M&A. [S2] An example of a market-extension M&A is if Samsung Electronics acquires Cosmic Technologies which produces Cherry Mobile phones.a. Only S1 is true.b. Only S2 is true.c. Both are true.d. Neither is true.
Answer True or False for questions A-F. A. Creating a sole proprietorship is costly and administratively burdensome, which is why LLCs are the most common organizational form. B. Because C-corporations face double taxation, generally only tax-exempt entities establish themselves as C-corporations. C. Given the choice between locating an expense in a high tax rate country and a low tax rate country, companies will generally choose to locate the expense in a low tax rate country. D. In a progressive tax system, average tax rates are generally higher than marginal tax rates. E. Increasing the corporate tax rate could adversely affect shareholders of the corporation, customers, etc., as the effect of the tax could pass through to these other parties. F. Transfer pricing is illegal, and components of the Tax Cuts and Jobs Act were enacted to fight pernicious evil.
Which of the following is most likely not an objective of financial statements? A. None of the above B. To provide information about the users of an entity’s financial statements. C.To provide information about the performance of an entity. D. To provide information about the financial position of an entity..