問題一覧
1
requires only the sole owner's resolve to start operating and getting the needed permits and licenses.
Ease and Cost of Formation
2
freedom to use profits in any way desired.
Distribution and Use of Profits
3
when the liability of one or more partners is limited to the amount of assets invested.
limited partnership
4
wherein the capital is divided into small units permitting several investors to contribute varying amounts to the total, profits being divided between stockholders in proportion to the number of shares they own
Joint Stock Company
5
a financial service firm owned by its policyholders or depositors.
Mutual Company
6
when a trustee is appointed to manage the business under a trust agreement - the owners convey their property, securities, or other assets to a trustee in exchange for transferable trust certificates entitling the owners to participate in the profits and transferring the liability to the trustee.
Business Trust
7
need for a "generalist" skilled in various specializations.
Owner's Lack of Ability and Experience
8
for example-disagreement on ways of operating, new product lines and employees, and employees' welfare benefits.
Potential Conflict Between Partners
9
spared from government rules and charter restrictions on operations.
Government Regulation
10
net income treated as the personal income of the sole owner
taxation
11
can be dissolved by the owner at will.
closing the business
12
two or more persons, each with unlimited liability, actively involved in the business.
General partnership
13
composed of individuals or small businesses that have banded together to reap the benefits of a larger organization; not built for profit but to make every member profitable.
cooperative
14
good employees tend to get employment in a more stable enterprise
Difficulty in Attracting Good Employees
15
combined resources
More Funds Available
16
policyholders; voting controlled by the insured
Mutual Insurance Company
17
a type of business entity owned and operated by a single person.
Sole Proprietorship
18
partnership established for a specific undertaking (e.g., producing a movie or a concert, mining or oil exploration, projects such as a dam or an airport, underwriting, or selling of securities).
Joint Venture
19
requires only the agreement of partners on basic aspects.
Ease of Formation
20
Whatever assets are left and liabilities remain unpaid is not easy for the partners to share.
Difficulty in Dissolving the Business
21
the possibility that liabilities made may affect personal assets
Unlimited Liability of the Proprietor
22
offering partner status to valuable employees.
Ability to Attract and Retain Employees
23
depositors; savings and mortgage loans
Mutual Savings Bank
24
sole authority which is important, especially under critical competitive situations.
Control of the Business
25
an enterprise chartered by law, with most of the legal rights of a person, including the right to conduct a business, to own and sell property, to borrow money, and to sue or be sued; owners = stockholders.
Corporation
26
legal association of two or more persons as co-owners of an unincorporated business.
Partnership
27
The company's income is not taxed separately from the partners' incomes
Tax Advantage
28
depending on the financial resources of the sole owner.
Difficulty of Raising Capital
29
different individuals and complementary skill sets
Pooling of Knowledge and Skills
30
depending on the physical well-being of the owner.
Limited Life of the Firm
31
not required by law to share information with anyone.
Secrecy