could anyone help please Until this year, Cheers Inc. was organized as a...
60.1K
Verified Solution
Link Copied!
Question
Finance
could anyone help please
Until this year, Cheers Inc. was organized as a partnership. This year, the partnership was dissolved and one of organize the business as a sole proprietorship. As a result of this change in organizational form, which of the fo correct? Cheers' sole proprietor will now have limited liability. Cheers will now be subject to fewer regulations. Cheers will now pay higher taxes. Cheers' sole propreitor will now find it easier to transfer ownership Cheers will now find it easier to raise additional capital
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!