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What were the advantages of corporations over partnerships Why were they good for investors and partners?
Corporations have limited liability.
What were the advantages of corporation over partnerships why were they good for investors and partners?
Corporations have limited liability.
Form of business ownership?
One form of business ownership is sole proprietorship. This is an individual owner or a married couple. Some of the other types are limited partnerships, corporations, general partnerships, and limited liability partnerships.
Under which business model do all partners have limited liability exhibiting elements of partnerships and corporations?
limited liability partnership
Why is it safer to invest in corporate stocks than to become a partner in a business?
Partnerships have unlimited liability, while corporations have limited liability.
Advantage corporations enjoy over partnerships?
Corporations are protected from liability. Partnerships aren't. If a partnerships is sued, the partners are responsible. It is better to incorporate if you are dealing with the public.
Which is an advantage of corporations over strong partnerships?
Corporations can last longer. Corporations have limited liability.
What is the advantage of corporations?
S corporations' major benefit is that they are taxed like partnerships.
What were the advantages of corporations over partnerships and Why were they good for investors and partners?
Corporations have limited liability.
What were the advantages of corporations over partnerships Why were they good for investors and partners?
Corporations have limited liability.
What is the major advantages of corporations?
S corporations' major benefit is that they are taxed like partnerships.
What is the Most Common Forms of Business?
partnerships, corporations, and sole proprietorships
What is true about corporations in the 1800s?
They could grow faster than partnerships.
Why is it usually safer to invest in corporate stocks than to become a partner in business?
Partnerships have unlimited liability, while corporations have limited liability.
Compare and contrast legally blonde?
Compare and contrast it with what?
What are the steps in a compare and contrast?
1. Compare 2. Contrast
Which types of businesses can be converted to an LLC?
General partnerships, limited partnerships, and corporations may be converted to LLCs, provided they comply with certain requirements.
