Tina owns United Enterprises, a sole proprietorship. In a sole proprietorship, the liability of the owner is
a. limited to the extent of his or her original investment.
b. limited to the extent of his or her original investment plus any subsequent capital expenditures.
c. limited by state statute and varies from state to state.
d. unlimited.
a. limited to the extent of his or her original investment.
b. limited to the extent of his or her original investment plus any subsequent capital expenditures.
c. limited by state statute and varies from state to state.
d. unlimited.
d. unlimited.
Begründung:
The sole proprietor has unlimited liability, or legal responsibility, for all obligations that arise in doing business.
Begründung:
The sole proprietor has unlimited liability, or legal responsibility, for all obligations that arise in doing business.
Tags: Disadvantages ot the sole proprietorship
Quelle: p. 55
Quelle: p. 55
Kartensatzinfo:
Autor: Elisa
Oberthema: Law
Thema: International Law
Schule / Uni: Hanze Hogeschool
Ort: Groningen
Veröffentlicht: 14.02.2010
Tags: Exam Year 1
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? (1)
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