Essay
Stan is thinking about starting a toxic waste disposal business.He plans to collect the waste from businesses that produce it and then dispose of it in a sanitary landfill.In order to start this business, Stan will need a substantial amount of money to buy and develop the landfill site and purchase five trucks capable of transporting toxic waste.What concerns would you have about operating this business as a sole proprietorship if you were Stan? What alternative form of business organization would you recommend and why?
Correct Answer:
Verified
There would be two main concerns based o...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q10: Artemis is a university professor carrying on
Q11: Sam and Jemma each owned a 50
Q12: Only a few corporations have shares that,
Q13: Which of the following would be a
Q14: Lee starts a company that does painting
Q16: If you were considering selling $1 million
Q17: Jessica had operated a business for several
Q18: Yasir and Rahool are partners in an
Q19: If Ted and Mary were entering into
Q20: Limited liability means that a shareholder can