When comparing the four main types of businesses, which has the BIGGEST DISADVANTAGE when it comes to paying taxes?
Standard(s)
what is Sole proprietorship
100
Tom and Clare met in college and started a website maintenance business together to earn money for their college expenses. What type of business is their website maintenance business?
What is partnership
100
When comparing the four main types of business organization, which type protects owners the MOST from personal financial liability due to being sued by a customer?
What is corporation
100
Cindy has to Collecting money from customers, pay taxes, and process payroll checks until she hires someone to do it. Cindy does everything at her business all by herself. What kind of business does Cindy own?
What is franchise
100
what is the best car ever
What is corvette
200
when comparing the four main business types , Sole Proprietorship has the most risk and _____
What is rewards
200
A business considered separate from the owners of the business by law. The owners are the stockholders.
What is Corporation
200
What is an advantage of a franchise over a sole proprietorship
What is Parent company provides training and support to franchisee.
300
How is a corporation different from a sole proprietorship?
What is Corporations can sell stock to raise money for the business.
400
How are a franchise and a sole proprietorship alike?
What is Easy to start the business
500
Steven and his brothers want to start a plumbing business together. What is an advantage of organizing the business as a partnership rather than a sole proprietorship?
What is Partnerships do not share limited legal liability.
500
what is an advantage of a partnership over a sole proprietorship?