Ask Question
BusinessBusiness
25 February, 00:06

Which of the following types of business is popular for its ease and low cost of organizing?

a. Partnership

b. Not-for-profitc. Corporationd. Proprietorship

+2
Answers (1)
  1. 25 February, 00:18
    0
    proprietorship

    Explanation:

    The sole proprietorship is really the easiest form of enterprise in which a trade can be carried on. The sole ownership does not constitute a separate entity. It relates merely to the individual who owns the enterprise and is solely responsible for his or her debts.

    Owing to its convenience, simplicity of creation and minimal cost, the sole proprietorship is indeed a popular commercial type. A sole owner just needs to sign his / her title and obtain local permits, and the sole shareholder is open for business.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following types of business is popular for its ease and low cost of organizing? a. Partnership b. Not-for-profitc. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The leading producer of cell phone backup batteries, Jumpstart, has achieved great success because they produce high-quality battery backups that are not too expensive.
Answers (1)
Belinda was involved in a boating accident in 2017. her speedboat, which was used only for personal use and had a fair market value of $28,000 and an adjusted basis of $14,000, was completely destroyed.
Answers (1)
During the year, Next Tec Corp. had the following cash flows: receipt from customers, $12,000; receipt from the bank for long-term borrowing, $7,500; payment to suppliers, $5,400; payment of dividends; $1,500, payment to workers, $2,600;
Answers (1)
Price is constant to the individual firm selling in a purely competitive market because a. the firm's demand curve is downsloping. b. of product differentiation reinforced by extensive advertising. c.
Answers (1)
Which of these is not related to nullification?
Answers (1)
New Questions in Business
Why do experts recommend that webinars last no more than 90 minutes?
Answers (1)
Riki, the owner of Simply Sushi, is a sole proprietor. What are the chief characteristics, advantages, and disadvantages of this form of business organization?
Answers (1)
Methods for obtaining nonpersonal presentation of an organization, product, or service without direct cost, such as news releases, news conferences, and public service announcements, are referred to as publicity tools. promotional strategies.
Answers (2)
Jack, a middle-aged man, works for an international company. His boss persuades him to bribe a government official to get an approval for a project. Jack agrees but gets caught in the act.
Answers (1)
A small business produces a single product and reports the following dа ta: Sales price $ 8.50 per unit Variable cost $ 5.
Answers (1)
Home » Business » Which of the following types of business is popular for its ease and low cost of organizing? a. Partnership b. Not-for-profitc. Corporationd. Proprietorship
Sign Up Forgot Password?