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Difference between sole proprietorship and partnership?
A sole proprietor is a person who is in business for themselves. A partnership is two or more people who are in business for themselves.
What is the difference between a partnership and an operating agreement?
The difference between a partnership agreement and an operating agreement is that in the partnership agreement is set up for all owners or partners to be responsible for the company. The operating agreements differs in the fact that the agreement is for the person or people in charge of the operating requirements for the company.
Difference between outstanding balance and Statement Balance?
speelling
What is the difference between contingent liability and off balance sheet liability?
There is no difference between Contingent Liability and Off Balance Sheet Liability.
What does an auditor do if there is a material difference between an expected and actual balance?
However, if there is a material difference between the expected and actual balance, the auditor will investigate this difference further. At this point the auditor will develop an explanation for the difference.
What is the Difference between partnership organization and a corporate business organization?
There are several differences, but the main one is this. A corporation is a separate legal entity. A partnership is not.
How is Partnership distinguish from corporation?
There are four main differences between a partnership and a corporation. Those differences are how liability is distributed, how taxes are assessed, the flexibility of running and selling the business, and how it raises capital.
What's the difference between civil service and public corporation?
Difference between Public Corporation and Civil Service
What is the difference between a partnership and joint venture?
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Difference between partnership and public limited company?
A partnership is a legal term to define a joint venture of 2 or more persons. In a partnership all of the partners are jointly and severally liable for any losses. In this type of arrangement each partner can be forced to pay for all of any debts. They would then have the option of going after the other partners for their pro-rata share of the debt. In a limited partnership the only entity liable for the debts is the "general partner". The general partner can be either a person or another partnership or corporation. In a corporation the corporation is the only entity liable for debts. The owners are not liable. The corporation is a fictional "person" in the eyes of the law.
What is difference between worksheet and balance sheet?
There is a difference between: Worksheet and Balance Sheet
What is the difference between corporation and corp?
nothing. corp is an abrevation of corporation
Difference and similarities between partnership and agency laws?
mwanaidi.
What is the difference between an enterprise and association what is the difference between an pvt ltd and ltd.?
difference between enterprise and corporation
What is the difference between an enterprise and association what is the difference between an pvt ltd and ltd?
difference between enterprise and corporation
What is the difference between corporation and incorporation?
lol
Difference between product modulator and balance modulator?
what is the difference between balance n product modulator
