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Q: Is unlimited liability a big disadvantage to a corporation?
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Advantages and disadvantages of loan?

An advanage of taking out a loan is that whatever bought that was big is already paid for kind of. But a disadvantage of a loan is that you have to pay back the bank the amount you borrowed little by little.


How can a standard business corporation be compelled to dissolve?

In this day and age, unfortunately it's not uncommon for business corporations, whether they be big or small, to be compelled to dissolve. It's usually about the bottom line, whether a company is bringing in enough money to continue to be sustainable.


Can wages be garnished by the federal government?

Yes, if you have a tax delinquency the IRS can impose a tax levy (garnishment). You do not want the get the IRS mad they will come after you no matter where you are. It would be nice if the IRS focused more on the corporate than the middle class. Look at Enron and other big corporation for instance.


Who is the major shareholder in rio tinto?

It's major shareholder is HSBC Custody Nominees (Australia) Limited, which is basically HSBC Bank. While it used to be the "Hongkong and Shanghai Banking Corporation", it was bought out by Midland Bank, one of the big four banks in the UK. JP Morgan Nominees Australia Limited is also a major shareholder. Listed as the number two shareholder for all of the Big Four Banks - it is a wholly owned subsidiary of JPMorgan Chase & Co. You know - That Great Big American Bank.


What are some well paying careers in the field of finance?

A Financial Planner for a corporation is one of the higher paying careers in finance. A financial Consultant, Broker, or Estate Planner are others. The pay will depend for the client you are working for so city and government organizations and big corporations make the best clients.

Related questions

What is the symbol for Big 5 Sporting Goods Corporation in NASDAQ?

The symbol for Big 5 Sporting Goods Corporation in NASDAQ is: BGFV.


In what year did Big 5 Sporting Goods Corporation - BGFV - have its IPO?

Big 5 Sporting Goods Corporation (BGFV) had its IPO in 2002.


Advantage and disadvantage of traveling?

There are a number of advantages and disadvantages of traveling. One big disadvantage of traveling is the cost for example.


What is transnational corporation?

is a big shop of gigilos


Is Big Lots a Franchise or a Corporation?

cooperation's


What are the disadvantages of building a resort?

The process of deforestation is big disadvantage.


What is the difference between Accountability and liability?

Liability is where a business allows shareholders to have control over a business. Liability in French means check out my big saggy old man balls.


What is Toby Keith's corporation's name?

big dog


What is the market cap for Big 5 Sporting Goods Corporation BGFV?

As of July 2014, the market cap for Big 5 Sporting Goods Corporation (BGFV) is $261,185,422.52.


How can you start corporation and how much capital you need to start a corporation?

it will depend on the capital you have but should be some thing big


How Should I Form My Business?

Most small businesses are formed as sole proprietorships. The benefits of sole proprietorship are its simplicity and the reality that business income is treated the same as personal income for tax functions. A big disadvantage is that you, the business owner, assume personal liability for the functions of the business.


What is a limited corporation on Business Tycoon Online?

A limited corporation is the size of your company, if you upgrade it and upgrade it etc, it will become a big corporation and many other things.