Business

Business, 30.07.2019 20:50, aroland1990x

A(n) is a form of business ownership that offers both restricted responsibility to its owners and flexible tax treatment. a. quasi corporation b. sole proprietorship c. limited liability company d. s corporation

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Business, 21.06.2019 21:30, kay4358

What are the main advantages and disadvantages of organizing a firm as a c corporation? the advantages are: (select all the choices that apply.) a. there is no limit on the number of owners a c corporation may have, thus allowing the corporation to raise substantial amounts of capital. b. the life of the business can continue beyond the death of any of the owners. c. the corporation can use the assets of the owners to pay for corporate liabilities. this attracts smaller investors to the corporation. d. the liability of the owners is limited to the amount of their investment in the firm. the disadvantages are: (select all the choices that apply.) a. income to a c corporation is subject to double taxation, once at the corporate level and again when received by the owners in the form of a dividend. b. the life of the business usually ends with the death of any of the owners. c. the c corporation is more complicated and more expensive to set up than other business entities. d. corporate liabilities can be passed on to the share

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Business, 03.09.2019 16:10, officialrogerfp3gf2s

Businesses can be classified into the following forms: proprietorship, partnership, corporation, limited liability company (llc), and limited liability partnership (llp). different forms of businesses have different characteristics. which of the following characteristics belong to a corporation? check all that apply. owners with limited liability and little input into daily management of the firm chartered by a state and is its own legal entity, distinct from its owners has unlimited life easier to transfer ownership in the form of stock you see and read about different kinds of businesses every day. the following scenarios describe two businesses. use the description of each business to classify it as a proprietorship, partnership, corporation, or limited liability partnership and/or limited liability company (llp/llc). business #1: lafayette and his friend, shirley, run a carpet cleaning business. they distribute the profits proportionately and report their portion of the business’s profits on their individual tax returns. this is an example of: a partnership. an llp/llc. a proprietorship. a corporation .

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Business, 18.09.2019 16:30, quinten3700

What are the main advantages and disadvantages of organizing a firm as a c corporation? the advantages are: (select all the choices that apply.) a. there is no limit on the number of owners a c corporation may have, thus allowing the corporation to raise substantial amounts of capital. b. the life of the business can continue beyond the death of any of the owners. c. the corporation can use the assets of the owners to pay for corporate liabilities. this attracts smaller investors to the corporation. d. the liability of the owners is limited to the amount of their investment in the firm. the disadvantages are: (select all the choices that apply.) a. income to a c corporation is subject to double taxation, once at the corporate level and again when received by the owners in the form of a dividend. b. the life of the business usually ends with the death of any of the owners. c. the c corporation is more complicated and more expensive to set up than other business entities. d. corporate liabilities can be passed on to the shareholders, thus making stock ownership primarily the realm of wealthy investors.

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