manager and the owner is the same person. The sole proprietorship has unlimited liability. You pay taxes as owner and for the business ones. The advantage is the ease with which it can be establish and the lack of regulations governing it. Partnership: Business owned by two or more persons who are personal responsible for all its liabilities. The partners pay personal income tax on their share of these profits. Each partner has unlimited liabilities for all the business’s debts. Corporations: Business
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sustained growth‚ with an effective leverage. 2. If Rogers decided to follow suit of the American carriers and offer unlimited plans‚ they could potentially gain large market share. New technologies‚ such as LTE‚ Rogers could capitalize on the emerging "4g" market and be in control of the fastest market in Canada. Wireless Providers in Canada‚ as of today‚ do not offer any unlimited plans. If a new company decided to
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problem is essentially one of deciding how to make the best use of | | | Student Answer: | | limited resources to satisfy limited economic wants. | | | | limited resources to satisfy unlimited economic wants. | | | | unlimited resources to satisfy unlimited economic wants. | | | | unlimited resources to satisfy limited economic wants. | | Instructor Explanation: | Chapter 1. | | | | Points Received: | 1 of 1 | | Comments: | | | | 3. | Question : | (TCO
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and disadvantages. The sole proprietorship is a business which is owned and managed by one individual. Some of its advantages are‚ the ease of formation‚ its management control‚ and its distribution of profits. Some of the disadvantages are‚ its unlimited liability‚ the lack of continuity‚ the capital requirements. Let’s begin with the advantages. A sole proprietorship is very easy to create. Anyone who wants their own business simply needs to get the necessary licenses from‚ for example‚ the state
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Limited to 100 shareholders | Unlimited | Distribution to shareholders | Not subject to double taxation | Subject to double taxation | S-Corp/C-Corp Similarities 1) Responsibility for liabilities are at the entity level * If lawsuit is filed or for the repayment of debts‚ Individual will benefit as only assets of the corporation can be disgorged 2) Both structures can source capital from equity investors. However‚ whereas C-Corp entities can access an unlimited number of investors‚ S-Corps
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Same is true for other indirect taxes like VAT‚ Excise etc. It is not possible to transfer the ownership of a Sole Proprietorship from one person to another. Assets of such firm may be sold from one person to another. Proprietors of such firms have unlimited business liability. This means that owners personal assets can be attached to meet business liability claims. Partnership A partnership firm in India is governed by The Partnership Act‚ 1932. Two or more people can form a Partnership subject
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where i stand on gun control is that i believe we should have the right to get a gun but i feel like we might need to keep the rules and regulations on guns because everyone doesn’t have the mentality that if you have a gun it can kill someone if you pull the trigger and some people have illegal guns that just have them for violences are so they can protect there self from other people who have guns but we do have people that believe guns are here to protect us not so you can just kill someone but
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Descartes and Hobbes have differing views on where our knowledge comes from. Descartes supports Rationalism‚ the idea that our knowledge comes from ideas and reason. Hobbes on the other hand supports Empiricism‚ the idea that our knowledge comes from the senses. In this paper I will provide Descartes’ argument against sense perception and Hobbes’ argument for sense perception. I will then provide both philosopher’s arguments about free will and how their views factor into their philosophical systems
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This paper focuses on the actions of Charles J. Antonucci‚ Sr.‚ who contributed greatly to the failing of The Park Avenue Bank in New York. Unless otherwise noted‚ the facts of this case were learned in whole and in part from the complaint filed against Antonucci by Ricardo Velez‚ the Director of the Criminal Investigations Bureau of the New York State Banking Department. The Park Avenue Bank‚ so named because its headquarters were located at 460 Park Avenue in New York City‚ was founded in 1987
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4. Handle the Objection At this point you are in a sales conversation with them. You can handle an unlimited number of objections…and it sounds like you are simply talking with them. 5. Close for the Appointment / Signature Remember that YOU are leading the sales conversation…they will automatically follow. This will allow you to close more often…While allowing you to handle an unlimited number of objections (instead of just one or two). Remember that most sales are made
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