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Can one owner of a business force the other 3 owners who have majority to sell the business?
Wiki User
∙ 9y ago
It isn't possible unless that one owner has legal grounds or rights. The other 3 owners dominate on the contract. If the one owner can prove that the other 3 owners don't contribute, then they might have a chance in a lawsuit.
Wiki User
∙ 9y ago
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Would The use of the bandwagon fallacy is appropriate in a business proposal because it is important to convince business owners that the majority of other businesses would support your proposal?
False
Why is a business concerned with stakeholders other than the owners?
why is a business concerned with stakeholder other than the owner
Difference between company and other forms of business?
The liability of owners is limited to the extent of their contribution is Limited companies whereas in other forms of business the liability of owners is unlimited.
From where did the majority of the African captives come what kind of work did they do?
they came from other owners. they croped the field.
What is an informal alliance with business owners who produce a similar product called?
Instead of buying up companies that produced similar products, some company owners formed informal alliances called cartels with other business owners who produced a similar product. As a cartel or pool, they could agree to limit the supply of the product and drive prices up. They would also agree to divide market areas so that each member of the cartel would prosper. Business owners could also form trust agreements with other business owners who owned a majority of stock in a similar product. When a business man owned stock in a company, he owned a percentage of the company. Therefore, as a trust, they could work together to limit competition.
Business need capital from owners?
Yes or they could have shareholders and or other investors!!!
What is another name for equity?
Owners capital is the other name of equity in business.
Explain business as an entity?
The business entity convention in accounting distinguishes the business from any other accounting entity. So the accounts of the owners are kept separate from those of the business.
Is a contract legally binding when one of the joint owners did not sign the contract?
Yes, it can be. It is normally assumed that that the person who signed is authorized to represent the business or other owners.
What is separate entity assumption?
it basically means that the business is separate from its owners. meaning that owners personal problems and transaction and other stuff can not be mingled with the business or vice versa. hope that helps. tried to make it as simple as i cud
How do you turn a non paying customer over to collections?
Get in touch with a local collection agency and ask to speak to someone in sales. They will either help you or know another agency that can service your debt. You can also post them on http://www.clientcritic.com for other business owners to see. The site is used to help business owners collect on their bills by leveraging the value of posting them in front of other business owners. Check it out! It is free!
What is the cheapest and best business cable and internet?
It depends on how much you are willing to pay, and the size of your business office. You could always talk to other business owners, and see what they have to say.
