answersLogoWhite

0

The organizational form which best enables the owners of the firm to monitor the actions of other owners of the same firm is a general partnership. All the liabilities of the partners are unlimited.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

Organizational structure difference between small and large hotels?

Small hotels usually operate under a proprietor organizational structure. Large hotels usually operate under a corporate organizational structure. Small hotel owners are directly involved with day-to-day operations.


Have my dog's previous owners trying to get him back left me feeling traumatized?

It is possible for the actions of your dog's previous owners to have caused you to feel traumatized.


Can the tire pressure monitor system be shut off on a 2003 Buick Park Avenue?

Check your owners manual.


What is The organizational form defined as a business that is legally considered an entity separate from its owners and is liable for its own debts is a?

The organizational form defined as a business that is legally considered an entity separate from its owners and is liable for its own debts is a corporation. This structure provides limited liability protection to its shareholders, meaning their personal assets are generally not at risk for the corporation's debts. Corporations can raise capital more easily through the sale of stock, and they continue to exist independently of the owners' involvement.


What form of organization it is if it has 20 owners?

For an organisation to have 20 owners there has to got to be an organizational tree showing how they all are in existence because most organizations have a main or a few main owners and perhaps the rest could be partners or share holders. Not unless it is an on-line site, then in this kind of organization, owners could reach that number because here responsibilities are wide spread.


What does limited liablitlty mean?

In business terms it means that the owners of the business (ie shareholders) are not liable for the businesses actions. Basically, if the business were to get in debt, and become bankrupt, it would not make the owners bankrupt, just the company. The owners and the company are separate in the eyes of the law.


What is the difference between a wholesale license and a retail one?

A wholesale license enables businesses to purchase from manufacturers. A retail license enable business owners to sell goods and services to consumers.


Is Subway an entity theory or proprietary theory?

Subway operates under the entity theory, as the brand and business structure are considered separate from its owners. This means that Subway's owners are not personally liable for the debts and actions of the company.


What happen if you stop paying on a time shear Condo?

There is no standard. There are best practices, which may preclude your use if you are not paying, but associations' boards have the responsibility to collect from owners and to monitor use.


What is special about the weather cameras?

Weather cameras have superior video capabilities, and together with the live images they provide, allows owners of these cameras to have the ability to monitor the weather more effectively.


Why did the slaves have to live with their owners why couldn't they live sepret?

Slaves were forced to live with their owners as a means of control and to ensure that they were constantly available to work. Separating them would have made it harder for owners to monitor and exploit their labor. Additionally, living with their owners allowed for easier surveillance and suppression of any potential rebellions or escape attempts.


Why does your cat like to watch you?

Cats like to monitor the activity around it. They like to see what the owners are doing. Cats act like the security- watching and making sure all is well.