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What kind of business has two or more owners that share risks and profits?
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A business owned by stockholders who share profits but are not personally responsible for debts?
Corporation :)
This type of business organization has one or more individuals sharing in profits?
A partnership is a business where two or more people come together to start and run a business. Some of the attributes of this type of business is that two or more people share in the profits and losses.
The advantages and disadvantages of a partnership?
One disadvantage to having a partnership is the fact that you have to share your profits. An advantage to having a partnership is the fact that if the business fails you can share the losses.
Agreements between railroad corporations to divide the business in a given area and share the profits were called?
These agreements were called pools. These railroad companies did this to protect their profits. In 1887, this practice was prohibited by Congress when it passed the Interstate Commerce Act.
What are some advantages of the sole proprietorship type of business?
owner of a sole proprietorship gets to keep all profits derived from the operation. The owner may even share any portion of the profits (and losses) with another person or persons. The owner has the authority to make all the decisions
Which type of business does the owner not have to share any profits?
privately owned business owners share no profits. they pay taxes and that is not sharing profit.
Why did the Early railroad owners form pools?
A pool was an agreement to divide business in a given area and share the profits.
A business owned by stockholders who share profits but are not personally responsible for debts?
Corporation :)
Are shareholders owners of company?
The company is not always the property of the shareholders. The company is in part the property of the shareholders if it is a publicly traded company.
What is a dormant partnership?
A partner who takes no share in the active business of a company or partnership, but is entitled to a share of the profits, and subject to a share in losses
What is a business with two or more businesses that share the risks and rewards?
Partnership
The formation of joint-stock companies allowed private investors to?
Share the risks and profits of an undertaking. Just a guess, though.
How does a corporation works?
In the 1800s, it was a business owned by stockholders who share in its profits but are not personally responsible for its debts.
How much is a captains share?
A captain's share typically ranges from 5% to 20% of a ship's profits, depending on the specific terms of the agreement between the captain and the ship's owners.
This type of business organization has one or more individuals sharing in profits?
A partnership is a business where two or more people come together to start and run a business. Some of the attributes of this type of business is that two or more people share in the profits and losses.
What is the divedend?
Dividend refers to a sum of money which is paid regularly to shareholders of a company. These can be said to be share of profits among the owners of the company.
How is drawings treated in the balance sheet?
Share Capital is the amount invested by the owners of business into the business.Drawings is the amount withdrawn by the owners of business.So it is not surprise to show the drawings from deduction from the share capital because net effect is the reduction of the share capital of the owners of the business.
