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Mara plans to open a shop specializing in foods and cultural items from the Middle East. She wants to be the firm’s only general partner, but she is trying to get several friends to participate as limited partners. Apparently Mara wants to: a. limit her personal liability to the amount she personally invests in the company. b. Be the only person allowed to share in the firm’s profits. c. Obtain
a strong financial base for the firm while maintaining personal control over the firm’s management. d. Meet the legal requirements of the Uniform Partnership Act.
and your question is?
ANGEEELICA|Points 901|
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Asked 2/2/2011 7:04:27 AM
Updated 2/2/2011 7:30:50 AM
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Apparently Mara wants to: c. Obtain a strong financial base for the firm while maintaining personal control over the firm’s management.
Added 2/2/2011 7:30:50 AM
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The _____________ is usually the easiest form of business to start and end. a. sole proprietorship b. limited partnership c. corporation d. cooperative
Weegy: a. sole proprietorship User: 7. Mara plans to open a shop specializing in foods and cultural items from the Middle East. She wants to be the firm’s only general partner, but she is trying to get several friends to participate as limited partners. Apparently Mara wants to: a. limit her personal liability to the amount she personally invests in the company. b. Be the only person allowed to share in the firm’s profits. c. Obtain a strong ... (More)
Question
All Categories|No Subcategories|Expert Answered
Asked 2/1/2011 7:42:50 AM
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7. Mara plans to open a shop specializing in foods and cultural items from the Middle East. She wants to be the firm’s only general partner, but she is trying to get several friends to participate as limited partners. Apparently Mara wants to: a. limit her personal liability to the amount she personally invests in the company. b. Be the only person allowed to share in the firm’s profits. c. Obtain a strong financial base for the firm while maintaining personal control over the firm’s ...
Weegy: and your question is? User: 7. Mara plans to open a shop specializing in foods and cultural items from the Middle East. She wants to be the firm’s only general partner, but she is trying to get several friends to participate as limited partners. Apparently Mara wants to: Weegy: a. limit her personal liability to the amount she personally invests in the company. (More)
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Asked 2/2/2011 6:59:41 AM
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9. A separation between ownership and management is most likely to occur in a: a. sole proprietorship b. general partnership. c. Corporation. d. Limited liability partnership
Question
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Updated 2/2/2011 7:53:12 AM
1 Answer/Comment
C. Corporation
Added 2/2/2011 7:53:12 AM
10. One reason limited liability companies have become so popular is that they: a. can be taxed either as a corporation or as a partnership, so owners can choose the tax treatment that is most advantageous for their situation b. allow owners to sell their interests in the company without requiring approval from the other owners c. have unlimited life d. allow owners to avoid paying self-employment taxes on the company’s profits
Question
Business and Money|No Subcategories|Not Answered
Updated 2/2/2011 7:39:10 AM
1 Answer/Comment
LLCs a. can be taxed either as a corporation or as a partnership, so owners can choose the tax treatment that is most advantageous for their situation. (They can also be taxed like sole-proprietorships.)
Added 2/2/2011 7:39:10 AM
9. A separation between ownership and management is most likely to occur in a: a. sole proprietorship b. general partnership. c. Corporation. d. Limited liability partnership
Weegy: c User: 10. One reason limited liability companies have become so popular is that they: a. can be taxed either as a corporation or as a partnership, so owners can choose the tax treatment that is most advantageous for their situation b. allow owners to sell their interests in the company without requiring approval from the other owners c. have unlimited life d. allow owners to avoid paying self-employment taxes on the company’s ... (More)
Question
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Updated 2/2/2011 7:52:09 AM
1 Answer/Comment
your answer is d. allow owners to avoid paying self-employment taxes on the company’s profits
Added 2/2/2011 7:52:09 AM
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