Economics Today and Tomorrow, Student Edition
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN: 9780078747663
Author: McGraw-Hill
Publisher: Glencoe/McGraw-Hill School Pub Co
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Chapter 8, Problem 14AA
To determine

To state: The characteristics of sole proprietorship, partnership, limited partnership and joint venture.

Expert Solution & Answer
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Explanation of Solution

The characteristics of sole proprietorship are:

  Economics Today and Tomorrow, Student Edition, Chapter 8, Problem 14AA , additional homework tip  1

The characteristics of partnership are:

  Economics Today and Tomorrow, Student Edition, Chapter 8, Problem 14AA , additional homework tip  2

The characteristics of limited partnership are:

  Economics Today and Tomorrow, Student Edition, Chapter 8, Problem 14AA , additional homework tip  3

The characteristics of joint venture are:

  Economics Today and Tomorrow, Student Edition, Chapter 8, Problem 14AA , additional homework tip  4

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