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What is the liability of sole trader?
a sole trader has a limited liability. :)
Does limited liability make it easier to attract more shareholders?
yes, limited liability attracts the investment of share holders.
Under which business model do all partners have limited liability exhibiting elements of partnerships and corporations?
limited liability partnership
What does LLC denote?
Limited Liability Company
Which one of the following types of businesses has the least amount of personal liability?
In limited company,the amount of personal liability is only limited to the shares you own and there is no personal liability.And the highest personal liability is in soleproprietorship.
Do the mcdonalds franchises run as a Ltd liability co?
Yes a franchise has limited liability only the investment put into will be lost
Is franchise limited or unlimited?
Limited Liability because the franchisee just looses the money invested. The great loss is the Franchiser's.
What is the liability of a franchise?
i think its unlimited liability
What are the typical franchise tax fees in California?
A franchise tax is a government tax charged by individual U.S. states to corporations, limited liability companies and partnerships that have nexus in the state. The franchise fees are based on the net worth or capital held by the entity. In essence, the franchise tax charges corporations for the privilege of doing business in that state.In the state of California, franchise taxes are known as LLC taxes, and they have a minimum tax amount of $800. The franchise tax in California applies to limited liability companies, S corporations, limited partnerships, traditional corporations, and limited liability partnerships.In general the S corporations franchise tax in 1.5 percent of the net income with a minimum tax of $800. For standard limited liability companies, the franchise tax is rather a flat fee than a percentage, and it varies on total income or gross income, as follow:Gross income from $250,000 to $499,999 = $900 feeGross income from $500,000 to $999,999 = $2,500 fee + $800 LLC taxGross income from $1,000,000 to $4,999,999 = $6,000 fee + $800 LLC taxGross income from $5,000,000 or more + $11,790 fee + $800 LLC tax
Does McDonald's have limited or unlimited liability?
limited liability.
What is private liability?
Private liability is a type of company that offers limited liability. This limited liability can also include limited legal protection for its shareholders.
What is key value of limited liability?
That would be Limited Liability.
What type of business has limited liability?
An LLC (Limited Liability Corporation).
How many limited liability partnerships compare with general partnerships?
The main difference between limited liability partnership and general partnerships is limited liability. Partners of an general partnerships are liable for all debts accumulated. Partners of an limited liability partnership are enjoying limited personal liability protection. However many people may prefer to incorporate Limited Liability Company instead of an limited liability partnership.
What does LLP after a company name stand for?
Limited Liability Partnership
What are the advantages of being a limited liability company?
A limited liability company, or LLC, is its own entity and can possess assets, property, and liability. This allows you shield your personal assets from the assets of the limited liability company.
Where can I apply for limited liability insurance?
Limited liability insurance can be purchased from many insurance companies. An explanation of limited liability insurance can be explained by a qualified insurance agent.
