True about a sole proprietorship

Assignment Help Operation Management
Reference no: EM131133500

Which of the following is true about a sole proprietorship?? ?A sole proprietorship cannot sue or be sued. ?A sole proprietorship is a legal entity. ?A sole proprietorship has a life of its own apart from its owner. ?A sole proprietorship as a form of business can be transferred to someone else.

Reference no: EM131133500

Questions Cloud

About the property and casualty insurance : Mark Arkanfarkar (purely fictitious name) and his wife, Mary, have some concerns about their entire insurance program, which includes their personal insurance and their home based business. They are looking for advice and suggestions, as pricing and ..
Directors voted in favor of contract and two voted against : The board of directors of Filex Corporation, at a regular meeting of the board, entered into a contract with Ginger Grant, one of the directors. This contract called for Filex to purchase 120 acres of land from Ginger. Of the ten members on the board..
How urgent was need for general motors to become saturnized : How was Saturn able to perform as of 1993? Should Saturn be spun off from General Motors and established as a separate car company or not? Why? How urgent was the need for General Motors to become "Saturnized?”
Business law-secured transactions : Teresa negotiated the purchase of a flat screen television with a salesman at Radioshack over the phone. Since the television costs $1,500, RadioShack agreed to sell the television to Teresa on credit. Two months later, Teresa defaults on her payment..
True about a sole proprietorship : Which of the following is true about a sole proprietorship?? ?A sole proprietorship cannot sue or be sued.
Support its transmission assembly line : Maggie Moylan Motorcyle Corp. uses kanbans to support its transmission assembly line. Determine the size of the kanban for the mainshaft assembly and the number of kanbans needed.
What is problem parameter-define decision variable : What is a problem parameter; give examples of parameters in a decision model. Define decision variable. Give some examples of decision variables in a decision model. Discuss what you learned from watching the video on the history of management.
Explain the important components of supply chain : List and explain the important components of a supply chain. Explain how a supply chain approach may be part of a company’s overall strategy. Why is planning so important in supply chain management?
Hospital has had high rates of nosocomial infections : The hospital has had a high rates of nosocomial infections (infections acquired in a hospital). There is also concern about bedsores and soiled linen. One patient's open wound was infected by maggots. What financial, operational, and other repercussi..

Reviews

Write a Review

Operation Management Questions & Answers

  Net requirements and order release and order receipt dates

Assume that Product Z is made of two units of A and four units of B. A is made of three units of C and four of D. D is made of two units of E.  Show the bill-of-materials (product structure tree). Develop an MRP planning schedule showing gross and ne..

  What happens to the leased property

If Ann dies during the period of the lease, what happens to the leased property?

  In an effort to webify currency for e-commerce

In an effort to "webify" currency for e-commerce, digital currencies were created. Discuss the pros and cons of digital currency versus physical currency (electronic funds in banks are still considered physical currency). How are these newly created ..

  What would its new total defect level have to be

Julie works at Gentry Flower Shoppe, which operates at the 4 sigma level, with about 6,000 DPMO, which was determined recently. At that time, Gentry was found to have 1,500 total defects. It wants to improve to the 5 sigma level, or about 500 DPMO. A..

  Which location alternative should be chosen

Using the following factor ratings, determine which location alternative (A, B, or C) should be chosen on the basis of maximum compositescore.

  What is the purpose of strategic objectives

What are strategic objectives? What is the purpose of strategic objectives? What makes an effective strategic objective? What are examples of strategic objectives for you organization or one with which you are familiar?

  Relatively large number of managerial activities

Logistics comprises a relatively large number of managerial activities. Discuss five of these activities and why they are important to logistics system.

  Should gabriela manufacturing in source or outsource

Gabriela Manufacturing was able to find out a new supplier which would give the item for $1.80 per unit with an annual fixed cost of $200,000. Should Gabriela Manufacturing in source or outsource the item.

  What advantages do a retail chain have over a retailer

What advantages do a retail chain have over a retailer? Who usually operates small stores (give some examples)? Does a small retailer have any advantages in competing against a chain? Explain your answer.

  At illustrate what point would management be indifferent

At illustrate what point would management be indifferent between 100 percent inspection of triggers also only final inspection.

  Categories of quality costs is particularly hard to quantify

Which time-series model below assumes that demand in the next period will be equal to the most recent period's demand? An operations manager's ethical responsibilities. Which of the four major categories of quality costs is particularly hard to quant..

  What is the approximate value of the reorder point

Sage Lorimer runs an electronics store that sells a variety of gadgets, accessories, and general consumer electronics. The daily demand for a particular item is 21 units, the lead time is 10 days on average, the standard deviation of the lead time is..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd