Asked by justin
can you answer these questions
Which can be considered disadvantages of sole proprietorships and partnerships?
Partnerships require many people to write a charter, while sole proprietorships require one person to write a charter.
Sole proprietorships require one person to know complicated tax laws, while partnerships require many people to know the rules.
Partnerships require one person to do many things, while sole proprietorships require many people to weigh in on decisions.
Sole proprietorships require one person to do many things, while partnerships require many people to weigh in on decisions.
Which are results of regulation in a mixed-market economy? Check all that apply.
compliance with laws
advantages for producers
control of markets
advantages for government
control of externalities
What led to Henry Ford’s success as an entrepreneur?
His personal wealth.
His innovative production methods.
His commitment to improving labor laws.
His desire to pay high wages.
How do corporations raise money and resources to expand? Select THREE answers.
They request a bank loan.
They raise franchise fees.
They cash in dividends.
They agree to sell stocks.
They issue bonds.
A disadvantage of forming a partnership is that owners
can find it tougher to start and stop a business.
can find it more difficult to get a bank loan.
are only responsible for their own finances.
are fully responsible for their partners' losses.
All Answers 1
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Here are the correct answers:
1) Disadvantages of sole proprietorships and partnerships:
- Sole proprietorships require one person to do many things, while partnerships require many people to weigh in on decisions.
2) Results of regulation in a mixed-market economy (check all that apply):
- compliance with laws
- control of markets
- control of externalities
3) What led to Henry Ford’s success as an entrepreneur:
- His innovative production methods.
4) How corporations raise money/resources to expand (choose three):
- They request a bank loan.
- They agree to sell stocks.
- They issue bonds.
5) A disadvantage of forming a partnership is that owners:
- are fully responsible for their partners' losses.
1) Disadvantages of sole proprietorships and partnerships:
- Sole proprietorships require one person to do many things, while partnerships require many people to weigh in on decisions.
2) Results of regulation in a mixed-market economy (check all that apply):
- compliance with laws
- control of markets
- control of externalities
3) What led to Henry Ford’s success as an entrepreneur:
- His innovative production methods.
4) How corporations raise money/resources to expand (choose three):
- They request a bank loan.
- They agree to sell stocks.
- They issue bonds.
5) A disadvantage of forming a partnership is that owners:
- are fully responsible for their partners' losses.
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