-Legal procedure is followed during formation
-They are separate legal entities from the owners who formed it
-Shareholders have limited liability
-They have perpetual succession
-They can raise large amount of capital hence large in size
-Failure of the business does not necessarily refresh the failure of its owners
Kavungya answered the question on April 3, 2019 at 08:53
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Otwoma intends to start a business. Give four reasons why it is advisable for him to start a
retail business shop instead of buying shares in...
(Solved)
Otwoma intends to start a business. Give four reasons why it is advisable for him to start a
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Date posted:
April 3, 2019
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Answers (1)
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Write the type of partner described by each of the followingstatements(i) One who is below 18years of age(ii) One who has unlimited liability(iii) One who...
(Solved)
Write the type of partner described by each of the following
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Date posted:
April 3, 2019
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Date posted:
April 3, 2019
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Date posted:
April 3, 2019
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Date posted:
April 3, 2019
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Date posted:
April 3, 2019
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(Solved)
A trader sold a bag of sugar at Kshs.4000. The buyer was allowed a trade discount of 10%. If he
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Calculate the amount the trader received if the buyer paid within 15days
Date posted:
April 3, 2019
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Answers (1)
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Identify the type of wholesaler described in each of the following cases in the table below:
...
(Solved)
Identify the type of wholesaler described in each of the following cases in the table below:
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Date posted:
April 3, 2019
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Answers (1)
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Show how the following transactions may affect the items of balance sheet, stating whether it is
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Date posted:
April 3, 2019
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April 3, 2019
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April 3, 2019
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Date posted:
April 3, 2019
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April 3, 2019
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April 3, 2019
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April 3, 2019
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April 3, 2019
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April 3, 2019
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A worker has been working as a mechanic for two years. However, he thinks of changing to
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(Solved)
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Date posted:
April 3, 2019
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Identify the type of utility created in the following circumstances
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(Solved)
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Date posted:
April 3, 2019
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Answers (1)
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Explain the factors that have led to dominance of subsistence production despite development
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(Solved)
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Date posted:
April 3, 2019
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