Ask Question
BusinessBusiness
9 December, 19:43

Rubina convinced mariah to start a business with her in a partnership rather than a sole proprietorship. the disadvantage of a sole proprietorship that rubina wants to avoid is

+3
Answers (1)
  1. 9 December, 19:50
    0
    The main disadvantage of a sole proprietorship is that Rubina would have been responsible for all of the debts and liabilities borne by the business. When a partnership is created, the debts become shared by all those who are owners of the business, which can lessen the load on any one person.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Rubina convinced mariah to start a business with her in a partnership rather than a sole proprietorship. the disadvantage of a sole ...” 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
Second national bank (snb) (million $) funds borrowed $6,500 maximum amount snb can still borrow $8,500 cash-type assets $3,700 excess cash reserves $ 80 federal reserve borrowings $ 20 what are second national bank's total uses of liquidity? a.
No Answers
Select the best defense of the following statement: "Changing the subject is a good way to avoid gossip." a. Avoiding gossip is too difficult to do all the time b. Changing the subject can avoid hurting anyone's feelings c.
Answers (1)
Payson Sports, Inc., sells sports equipment to customers. Its fiscal year ends on December 31. The following transactions occurred in the current year: A.
Answers (1)
The Unearned Revenue account of Professor Incorporated began 2018 with a normal balance of $5,000 and ended 2018 with a normal balance of $11,000. During 2018 , the Unearned Revenue account was credited for $24,000 that Professor will earn later.
Answers (1)
In the 1960s, the federal communications commission made two important decisions: 1 they authorized the process of broadcasting two signals simultaneously on a single channel, making stereo broadcast possible, and 2 they ruled that fm programming in
Answers (1)
New Questions in Business
Torres travel's stockholders' equity at the beginning of march 2014 was $200,000. during the month, the company earned net income of $50,000 and paid dividends of $10,000. at the end of march 2014, what is the amount of stockholders' equity?
Answers (1)
In the Keynesian model, it is assumed that, when demand for a firm's product changes, the firm: A. changes prices to meet the demand. B. changes production levels to meet the demand. C. changes prices and production levels to meet demand. D.
Answers (1)
If you purchased a camera in Britain for 100 pounds what would be the price in U. S. dollars if one pound is worth 1.40? A:71 B:100 C:140 D:1400
Answers (1)
Gontier corporation stock currently sells for $64.18 per share. the market requires a return of 12 percent on the firm's stock. required: if the company maintains a constant 5.
Answers (1)
If someone asked you, "Why should I bother worrying about my credit score?" what would you say?
Answers (1)
Home » Business » Rubina convinced mariah to start a business with her in a partnership rather than a sole proprietorship. the disadvantage of a sole proprietorship that rubina wants to avoid is
Sign Up Forgot Password?