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Which of these business organizations is treated by law as if it were an individual person?
Wiki User
∙ 14y ago
corporation
Wiki User
∙ 14y ago
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What are discretionary business strategies?
These are strategies that are up to each individual person. They can do whatever they think will be best for the business.
How do you design a business card online for free?
Business card is an important thing that conveys information of an individual business person. People can easily design a business card online by following some procedures provided by a particular website.
Do only businesses need a ferderal tax id number?
Tax ID Numbers are given by the US Government to businesses, estates, churches, non-profit organizations, or an individual going into business for himself. Basically, anything that is subject to the tax laws of the Federal Government that is not a "person" qualifies for a Tax ID Number.
What is the difference between bankrupt and insolvent?
Bankruptcy is a legally declared inability or impairment of ability of an individual or organizations to pay their creditors. Insolvency is a financial condition experienced by a person or business entity when their assets no longer exceed their liabilities, commonly referred to as 'balance-sheet' insolvency, or when the person or entity can no longer meet its debt obligations when they come due, commonly referred to as 'cash-flow' insolvency.
In a sole proprietorship which individual must assume all liability?
The person who registered himself as a proprietor usually the owner of the firm/business is responsible for all liabilities legally.
Which of the business organizations is treated by law as if it were an individual person?
partnership
What are discretionary business strategies?
These are strategies that are up to each individual person. They can do whatever they think will be best for the business.
Who is considered an athletic director?
The individual who oversees coaches at schools or athletic organizations is usually considered the athletic director. This individual is also the person the coaches must answer to when there is an issue.
What is a business owned and ran by one person?
A business owned and operated by one individual is known as a sole proprietorship.
What is a business?
A business is an individual commercial enterprise or establishment, a person's occupation, work or trade, or an objective or matter to be dealt with.
Why a person becomes a personnel?
A person refers to a private individual. A person becomes a personnel if he is employed in an organization, business or service.
What is Sole Trading?
Sole trading is business, run by single or individual person who control all business activities. Another name for sole trading are single entreprenuership, individual proprietorship.
What is importance of logic in business administration?
it can enhance the ability of a person or in every individual for widely thinking.
What were the kind of guidelines modified by Cuban predilection in the Cuban revolution?
They are treated according with how the person in question behaves as an individual Cuban or not Cuban.
Why is it important to write a business letter to an organization and not to an individual person?
The importance of writing a business letter is based on the purpose of the communication, not whether it is written to an organization or an individual person. If you know who the person at the organization would have the need of the information or be able to respond to a request, then it should be directed to that person. It the individual is not known, then the appropriate department or department head (Sales Dept. or Manager, Purchasing or Director of Personnel, etc.). Only if it is a small organization or the appropriate department or person is unknown, should a business letter be directed to the organization in general.
Where can I attend small business traning?
Many organizations offer small business training. You can attend online or in person. Community colleges and adult schools are excellent, low cost choices.
What classifies as direct liability when used in business?
The term "direct liability" refers to the same general principle, be it an individual person or a business. It specifically refers to provable negligence or other wrongdoing, which can be shown to be entirely the fault of the person or business.
