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Sole Proprietorship
Both a proprietorship and a partnership.
TRUE
LCC firm refers to a business company or organization which has the characteristics of a partnership and a corporation. It does not matter whether the partnership is a sole proprietorship or not.
Sole Proprietorship
No, it is not. "White Castle and all its subsidiaries are privately owned and operated." The White Castle Management Company is a private corporation, not a sole proprietorship. Mr. E. W. Ingram is the firm's Chairman and Chief Executive Officer.
Purchasing bonds for the expansion of a software firm would be considered?
Exact specifications would depend and the firm itself and the position applied for. Generally an IT consulting firm would require some IT experience as well as a certain amount of management experience.
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Types of business firms: 1. Sole Proprietorship 2. Partnership 3. Cooperative Societies 4. Joint Stock Companies
The person who registered himself as a proprietor usually the owner of the firm/business is responsible for all liabilities legally.