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Q: Why would a partnership have more capital available to it than would a sole proprietorship?
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What would happen if there were no shareholders?

The company hasn't issued stock:thus it is a proprietorship (one owner) or a partnership (at least two ) who have put money up. Generally, but not always, this means limited capital to fund expansion so the company stays small.


What would you choose if you were starting a new business proprietorship partnership or corporation?

i would choose corporation because you will have more freedom.la la la la BOREDOM!


What are the benefits from soleproprietership partnership and corportations?

I would assume that a sole proprieter can file bankruptcy ,because they own there business. It's not like a partnership where two people have decided to go into business together and then then one decides to go file bankruptcy. It doesn't work that way! If a partnership files for bankruptcy then there should be an agreement between the two of them that the business is failing .


Can a corporation own a partnership or a sole proprietorship?

Only the "partners" are owners of a partnership, by definition. Whether a corporation could agree to be a partner depends upon the corporate articles and state law. A "limited partnership" (LP) may be consolidated or merged into a corporation, but that isn't the same as "ownership" of a separate entity. A "sole proprietorship" is, again by definition, owned by an individual. If it were purchased by a corporation it would become (like a merged LP) a corporate asset, such as a division or subsidiary.


Would not appear on the financial statements for a sole proprietorship?

A sole proprietorship, also known as the sole trader, individual entrepreneurship or proprietorship, is a type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity. visit page: jeevanweddingarts .in/


What document clarifies how partners will share profits and losses?

That would be a partnership agreement.That would be a partnership agreement.That would be a partnership agreement.That would be a partnership agreement.


What would explain one way that a general partnership differs from a limited partnership?

A general partnership would not be as close knit as the limited partnership. There also would not be as many legal proceedings to go with it.


What isnot a type of partnership?

A type of partnership that is not a partnership would be one that does not involve business.


Can Sole Proprietorship own a car?

Yes, but the owner of the "sole proprietorship" would still have personal responsibility and liability in all matters relating to the vehicle.


How did joint-stock companies fund colonies?

Joint-stock companies were companies in which a group of people that invest in together. The investors all shared a part of the company's profits and losses. The joint-stock company allows all investors who buy a part of the company to share all profits and losses. It would allow the investor to lose less money than compared to when they were the sole owner of the company.


Differences between sole trader and partnership?

A sole trader is an individual who owns a business entirely where as, a partnership is a busines entity comprised of two or more individuals. A sole trader would become personally liable for paying the debts where as in partnership, personal liability is shared, meaning that all partners will be liable to cover the compay's debts. A sole trader is solely responsible for the financial dealings where as in partnership, all partners contribute towards capital in the firm.


What is one way that a general partnership differs from a limited partnership?

A general partnership would not be as close knit as the limited partnership. There also would not be as many legal proceedings to go with it.