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What functions much like a sole proprietorship but responsibilities are shared between two or more people.?
Wiki User
∙ 6y ago
A partnership functions much like a sole proprietorship.
Isadore Labadie
Wiki User
∙ 9y agoA partnership functions much like a sole proprietorship.
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Difference between sole proprietorship and partnership?
A sole proprietor is a person who is in business for themselves. A partnership is two or more people who are in business for themselves.
What is the difference between sole proprietorship partnership joint stock company?
A sole proprietorship is owned and ran by one person, a joint partnership is owned and ran by two or more people equally, and a stock company is owned by stockholders and ran by a CEO.
How do partnership resemble sole proprietorship?
A partnership involves 2 or more people that have ownership in a business. It doesn't need to be equal ownership but it does mean each party in the partnership has some official ownership in the business. A sole proprietorship is owned by one individual who makes all the decisions and has sole responsibility for all aspects of the business. In both cases, they have legal and accounting responsibilities.
What are the functions of a staircase?
move people vertically between floors
Despite limitations of size and resources many people continue to prefer the sole proprietorship over other forms of organizations Why-?
Despite limitations of size and resources many people continue to prefer the sole proprietorship over other forms of organizations because in sole proprietorship you are your own manager.
What are the Responsibilities of an engaged people?
responsibilities of an engaged
What are the functions of the fat bodies'?
To make a difference between ugly and hot people.
Does a sole proprietorship have easy decision making?
A sole proprietorship does have easier decision making because they don't have to talk to other people. They also don't have other people to consult with for difficult decisions so this works both ways.
What are some of the responsibilities of people living in Massachusetts?
People that live in Massachusetts have the same responsibilities as people living anywhere else in the world. The responsibilities of people that live in Massachusetts are clean, cooking and working.
Asses the responsibilities and duties of constituted authority to the people?
the responsibilities and duties of constituted authority to the people
What are the ethical responsibilities of a panda?
Pandas are animals. They don't have ethical responsibilities. People have ethical responsibilities. Unless, it's the mother panda Instinctively caring for her young, animals do not have ethical responsibilities, the way people do.
Assess the responsibilities and duties of constituted authority to the people?
Assess the responsibilities and duties of constituted authority to the people
