SlideShare a Scribd company logo
Which of the following are differences between sole traders and limited liability companies? (1)
A sole trader's financial statements are private and never made available to third parties; a
company's financial statements are sent to shareholders and may be publicly filed (2) Only
companies have share capital (3) A sole trader is fully and personally liable for any losses that
the business might make (4) Drawings would only appear in the financial statements of a sole
trader a. 1 and 4 only b. 1,3 and 4 c. 2 and 3 only d. 2,3 and 4 Clear my choice

More Related Content

More from vyasanu

Which MHC class type is found on every nucleated cell in the body and.pdf
Which MHC class type is found on every nucleated cell in the body and.pdfWhich MHC class type is found on every nucleated cell in the body and.pdf
Which MHC class type is found on every nucleated cell in the body and.pdf
vyasanu
 
Which event(s) mark(s) the transition of B cells from the centroblast.pdf
Which event(s) mark(s) the transition of B cells from the centroblast.pdfWhich event(s) mark(s) the transition of B cells from the centroblast.pdf
Which event(s) mark(s) the transition of B cells from the centroblast.pdf
vyasanu
 
Which IDS sensor type uses a 'tap' device to create a copy of network.pdf
Which IDS sensor type uses a 'tap' device to create a copy of network.pdfWhich IDS sensor type uses a 'tap' device to create a copy of network.pdf
Which IDS sensor type uses a 'tap' device to create a copy of network.pdf
vyasanu
 
Which example is NOT a keystone species benefit provided by gopher tor.pdf
Which example is NOT a keystone species benefit provided by gopher tor.pdfWhich example is NOT a keystone species benefit provided by gopher tor.pdf
Which example is NOT a keystone species benefit provided by gopher tor.pdf
vyasanu
 
Which investment method would an investor use if they want to purchase.pdf
Which investment method would an investor use if they want to purchase.pdfWhich investment method would an investor use if they want to purchase.pdf
Which investment method would an investor use if they want to purchase.pdf
vyasanu
 
Which feature is characteristic of the pseudounipolar dorsal root gang.pdf
Which feature is characteristic of the pseudounipolar dorsal root gang.pdfWhich feature is characteristic of the pseudounipolar dorsal root gang.pdf
Which feature is characteristic of the pseudounipolar dorsal root gang.pdf
vyasanu
 
Which is not a key consideration when ramping up for RPA implementatio.pdf
Which is not a key consideration when ramping up for RPA implementatio.pdfWhich is not a key consideration when ramping up for RPA implementatio.pdf
Which is not a key consideration when ramping up for RPA implementatio.pdf
vyasanu
 
Which is true about an -S- shaped population growth curve- a- called l.pdf
Which is true about an -S- shaped population growth curve- a- called l.pdfWhich is true about an -S- shaped population growth curve- a- called l.pdf
Which is true about an -S- shaped population growth curve- a- called l.pdf
vyasanu
 
Which is accurate regarding John Jingles risk tolerance- Group of answ.pdf
Which is accurate regarding John Jingles risk tolerance- Group of answ.pdfWhich is accurate regarding John Jingles risk tolerance- Group of answ.pdf
Which is accurate regarding John Jingles risk tolerance- Group of answ.pdf
vyasanu
 
Which is a project- Tesla building cars- Tesla building batteries- Elo.pdf
Which is a project- Tesla building cars- Tesla building batteries- Elo.pdfWhich is a project- Tesla building cars- Tesla building batteries- Elo.pdf
Which is a project- Tesla building cars- Tesla building batteries- Elo.pdf
vyasanu
 
Which is true about transposition- A- It tends to be highly disruptive.pdf
Which is true about transposition- A- It tends to be highly disruptive.pdfWhich is true about transposition- A- It tends to be highly disruptive.pdf
Which is true about transposition- A- It tends to be highly disruptive.pdf
vyasanu
 
Which is NOT a good reason to cite a source- When you reproduce part o.pdf
Which is NOT a good reason to cite a source- When you reproduce part o.pdfWhich is NOT a good reason to cite a source- When you reproduce part o.pdf
Which is NOT a good reason to cite a source- When you reproduce part o.pdf
vyasanu
 
Which is an example of a behavior that increases an individual's indir.pdf
Which is an example of a behavior that increases an individual's indir.pdfWhich is an example of a behavior that increases an individual's indir.pdf
Which is an example of a behavior that increases an individual's indir.pdf
vyasanu
 
Which financial statement provides the best information to investors-.pdf
Which financial statement provides the best information to investors-.pdfWhich financial statement provides the best information to investors-.pdf
Which financial statement provides the best information to investors-.pdf
vyasanu
 
Which is false in the following statements- Acid hydrolysis of protein.pdf
Which is false in the following statements- Acid hydrolysis of protein.pdfWhich is false in the following statements- Acid hydrolysis of protein.pdf
Which is false in the following statements- Acid hydrolysis of protein.pdf
vyasanu
 
Which choice is true regarding the eye- A function of the ciliary body.pdf
Which choice is true regarding the eye- A function of the ciliary body.pdfWhich choice is true regarding the eye- A function of the ciliary body.pdf
Which choice is true regarding the eye- A function of the ciliary body.pdf
vyasanu
 
Which is true for the data shown in the following histogram- I- The di.pdf
Which is true for the data shown in the following histogram- I- The di.pdfWhich is true for the data shown in the following histogram- I- The di.pdf
Which is true for the data shown in the following histogram- I- The di.pdf
vyasanu
 
Which is NOT TRUE concerning Snowshoe Hares- Hares go through dynamic.pdf
Which is NOT TRUE concerning Snowshoe Hares- Hares go through dynamic.pdfWhich is NOT TRUE concerning Snowshoe Hares- Hares go through dynamic.pdf
Which is NOT TRUE concerning Snowshoe Hares- Hares go through dynamic.pdf
vyasanu
 
Which group was created to solve economic problems that affect member.pdf
Which group was created to solve economic problems that affect member.pdfWhich group was created to solve economic problems that affect member.pdf
Which group was created to solve economic problems that affect member.pdf
vyasanu
 
Which is true about the pulmonary circulation- O A- blood becomes oxyg.pdf
Which is true about the pulmonary circulation- O A- blood becomes oxyg.pdfWhich is true about the pulmonary circulation- O A- blood becomes oxyg.pdf
Which is true about the pulmonary circulation- O A- blood becomes oxyg.pdf
vyasanu
 

More from vyasanu (20)

Which MHC class type is found on every nucleated cell in the body and.pdf
Which MHC class type is found on every nucleated cell in the body and.pdfWhich MHC class type is found on every nucleated cell in the body and.pdf
Which MHC class type is found on every nucleated cell in the body and.pdf
 
Which event(s) mark(s) the transition of B cells from the centroblast.pdf
Which event(s) mark(s) the transition of B cells from the centroblast.pdfWhich event(s) mark(s) the transition of B cells from the centroblast.pdf
Which event(s) mark(s) the transition of B cells from the centroblast.pdf
 
Which IDS sensor type uses a 'tap' device to create a copy of network.pdf
Which IDS sensor type uses a 'tap' device to create a copy of network.pdfWhich IDS sensor type uses a 'tap' device to create a copy of network.pdf
Which IDS sensor type uses a 'tap' device to create a copy of network.pdf
 
Which example is NOT a keystone species benefit provided by gopher tor.pdf
Which example is NOT a keystone species benefit provided by gopher tor.pdfWhich example is NOT a keystone species benefit provided by gopher tor.pdf
Which example is NOT a keystone species benefit provided by gopher tor.pdf
 
Which investment method would an investor use if they want to purchase.pdf
Which investment method would an investor use if they want to purchase.pdfWhich investment method would an investor use if they want to purchase.pdf
Which investment method would an investor use if they want to purchase.pdf
 
Which feature is characteristic of the pseudounipolar dorsal root gang.pdf
Which feature is characteristic of the pseudounipolar dorsal root gang.pdfWhich feature is characteristic of the pseudounipolar dorsal root gang.pdf
Which feature is characteristic of the pseudounipolar dorsal root gang.pdf
 
Which is not a key consideration when ramping up for RPA implementatio.pdf
Which is not a key consideration when ramping up for RPA implementatio.pdfWhich is not a key consideration when ramping up for RPA implementatio.pdf
Which is not a key consideration when ramping up for RPA implementatio.pdf
 
Which is true about an -S- shaped population growth curve- a- called l.pdf
Which is true about an -S- shaped population growth curve- a- called l.pdfWhich is true about an -S- shaped population growth curve- a- called l.pdf
Which is true about an -S- shaped population growth curve- a- called l.pdf
 
Which is accurate regarding John Jingles risk tolerance- Group of answ.pdf
Which is accurate regarding John Jingles risk tolerance- Group of answ.pdfWhich is accurate regarding John Jingles risk tolerance- Group of answ.pdf
Which is accurate regarding John Jingles risk tolerance- Group of answ.pdf
 
Which is a project- Tesla building cars- Tesla building batteries- Elo.pdf
Which is a project- Tesla building cars- Tesla building batteries- Elo.pdfWhich is a project- Tesla building cars- Tesla building batteries- Elo.pdf
Which is a project- Tesla building cars- Tesla building batteries- Elo.pdf
 
Which is true about transposition- A- It tends to be highly disruptive.pdf
Which is true about transposition- A- It tends to be highly disruptive.pdfWhich is true about transposition- A- It tends to be highly disruptive.pdf
Which is true about transposition- A- It tends to be highly disruptive.pdf
 
Which is NOT a good reason to cite a source- When you reproduce part o.pdf
Which is NOT a good reason to cite a source- When you reproduce part o.pdfWhich is NOT a good reason to cite a source- When you reproduce part o.pdf
Which is NOT a good reason to cite a source- When you reproduce part o.pdf
 
Which is an example of a behavior that increases an individual's indir.pdf
Which is an example of a behavior that increases an individual's indir.pdfWhich is an example of a behavior that increases an individual's indir.pdf
Which is an example of a behavior that increases an individual's indir.pdf
 
Which financial statement provides the best information to investors-.pdf
Which financial statement provides the best information to investors-.pdfWhich financial statement provides the best information to investors-.pdf
Which financial statement provides the best information to investors-.pdf
 
Which is false in the following statements- Acid hydrolysis of protein.pdf
Which is false in the following statements- Acid hydrolysis of protein.pdfWhich is false in the following statements- Acid hydrolysis of protein.pdf
Which is false in the following statements- Acid hydrolysis of protein.pdf
 
Which choice is true regarding the eye- A function of the ciliary body.pdf
Which choice is true regarding the eye- A function of the ciliary body.pdfWhich choice is true regarding the eye- A function of the ciliary body.pdf
Which choice is true regarding the eye- A function of the ciliary body.pdf
 
Which is true for the data shown in the following histogram- I- The di.pdf
Which is true for the data shown in the following histogram- I- The di.pdfWhich is true for the data shown in the following histogram- I- The di.pdf
Which is true for the data shown in the following histogram- I- The di.pdf
 
Which is NOT TRUE concerning Snowshoe Hares- Hares go through dynamic.pdf
Which is NOT TRUE concerning Snowshoe Hares- Hares go through dynamic.pdfWhich is NOT TRUE concerning Snowshoe Hares- Hares go through dynamic.pdf
Which is NOT TRUE concerning Snowshoe Hares- Hares go through dynamic.pdf
 
Which group was created to solve economic problems that affect member.pdf
Which group was created to solve economic problems that affect member.pdfWhich group was created to solve economic problems that affect member.pdf
Which group was created to solve economic problems that affect member.pdf
 
Which is true about the pulmonary circulation- O A- blood becomes oxyg.pdf
Which is true about the pulmonary circulation- O A- blood becomes oxyg.pdfWhich is true about the pulmonary circulation- O A- blood becomes oxyg.pdf
Which is true about the pulmonary circulation- O A- blood becomes oxyg.pdf
 

Recently uploaded

Supporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptxSupporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptx
Jisc
 
Synthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptxSynthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptx
Pavel ( NSTU)
 
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXXPhrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
MIRIAMSALINAS13
 
Solid waste management & Types of Basic civil Engineering notes by DJ Sir.pptx
Solid waste management & Types of Basic civil Engineering notes by DJ Sir.pptxSolid waste management & Types of Basic civil Engineering notes by DJ Sir.pptx
Solid waste management & Types of Basic civil Engineering notes by DJ Sir.pptx
Denish Jangid
 
MARUTI SUZUKI- A Successful Joint Venture in India.pptx
MARUTI SUZUKI- A Successful Joint Venture in India.pptxMARUTI SUZUKI- A Successful Joint Venture in India.pptx
MARUTI SUZUKI- A Successful Joint Venture in India.pptx
bennyroshan06
 
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptx
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxStudents, digital devices and success - Andreas Schleicher - 27 May 2024..pptx
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptx
EduSkills OECD
 
Cambridge International AS A Level Biology Coursebook - EBook (MaryFosbery J...
Cambridge International AS  A Level Biology Coursebook - EBook (MaryFosbery J...Cambridge International AS  A Level Biology Coursebook - EBook (MaryFosbery J...
Cambridge International AS A Level Biology Coursebook - EBook (MaryFosbery J...
AzmatAli747758
 
Sectors of the Indian Economy - Class 10 Study Notes pdf
Sectors of the Indian Economy - Class 10 Study Notes pdfSectors of the Indian Economy - Class 10 Study Notes pdf
Sectors of the Indian Economy - Class 10 Study Notes pdf
Vivekanand Anglo Vedic Academy
 
Chapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptxChapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptx
Mohd Adib Abd Muin, Senior Lecturer at Universiti Utara Malaysia
 
Unit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdfUnit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdf
Thiyagu K
 
Basic phrases for greeting and assisting costumers
Basic phrases for greeting and assisting costumersBasic phrases for greeting and assisting costumers
Basic phrases for greeting and assisting costumers
PedroFerreira53928
 
The Art Pastor's Guide to Sabbath | Steve Thomason
The Art Pastor's Guide to Sabbath | Steve ThomasonThe Art Pastor's Guide to Sabbath | Steve Thomason
The Art Pastor's Guide to Sabbath | Steve Thomason
Steve Thomason
 
How to Break the cycle of negative Thoughts
How to Break the cycle of negative ThoughtsHow to Break the cycle of negative Thoughts
How to Break the cycle of negative Thoughts
Col Mukteshwar Prasad
 
The geography of Taylor Swift - some ideas
The geography of Taylor Swift - some ideasThe geography of Taylor Swift - some ideas
The geography of Taylor Swift - some ideas
GeoBlogs
 
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
siemaillard
 
The approach at University of Liverpool.pptx
The approach at University of Liverpool.pptxThe approach at University of Liverpool.pptx
The approach at University of Liverpool.pptx
Jisc
 
50 ĐỀ LUYỆN THI IOE LỚP 9 - NĂM HỌC 2022-2023 (CÓ LINK HÌNH, FILE AUDIO VÀ ĐÁ...
50 ĐỀ LUYỆN THI IOE LỚP 9 - NĂM HỌC 2022-2023 (CÓ LINK HÌNH, FILE AUDIO VÀ ĐÁ...50 ĐỀ LUYỆN THI IOE LỚP 9 - NĂM HỌC 2022-2023 (CÓ LINK HÌNH, FILE AUDIO VÀ ĐÁ...
50 ĐỀ LUYỆN THI IOE LỚP 9 - NĂM HỌC 2022-2023 (CÓ LINK HÌNH, FILE AUDIO VÀ ĐÁ...
Nguyen Thanh Tu Collection
 
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
siemaillard
 
Embracing GenAI - A Strategic Imperative
Embracing GenAI - A Strategic ImperativeEmbracing GenAI - A Strategic Imperative
Embracing GenAI - A Strategic Imperative
Peter Windle
 
Instructions for Submissions thorugh G- Classroom.pptx
Instructions for Submissions thorugh G- Classroom.pptxInstructions for Submissions thorugh G- Classroom.pptx
Instructions for Submissions thorugh G- Classroom.pptx
Jheel Barad
 

Recently uploaded (20)

Supporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptxSupporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptx
 
Synthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptxSynthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptx
 
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXXPhrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
 
Solid waste management & Types of Basic civil Engineering notes by DJ Sir.pptx
Solid waste management & Types of Basic civil Engineering notes by DJ Sir.pptxSolid waste management & Types of Basic civil Engineering notes by DJ Sir.pptx
Solid waste management & Types of Basic civil Engineering notes by DJ Sir.pptx
 
MARUTI SUZUKI- A Successful Joint Venture in India.pptx
MARUTI SUZUKI- A Successful Joint Venture in India.pptxMARUTI SUZUKI- A Successful Joint Venture in India.pptx
MARUTI SUZUKI- A Successful Joint Venture in India.pptx
 
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptx
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxStudents, digital devices and success - Andreas Schleicher - 27 May 2024..pptx
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptx
 
Cambridge International AS A Level Biology Coursebook - EBook (MaryFosbery J...
Cambridge International AS  A Level Biology Coursebook - EBook (MaryFosbery J...Cambridge International AS  A Level Biology Coursebook - EBook (MaryFosbery J...
Cambridge International AS A Level Biology Coursebook - EBook (MaryFosbery J...
 
Sectors of the Indian Economy - Class 10 Study Notes pdf
Sectors of the Indian Economy - Class 10 Study Notes pdfSectors of the Indian Economy - Class 10 Study Notes pdf
Sectors of the Indian Economy - Class 10 Study Notes pdf
 
Chapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptxChapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptx
 
Unit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdfUnit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdf
 
Basic phrases for greeting and assisting costumers
Basic phrases for greeting and assisting costumersBasic phrases for greeting and assisting costumers
Basic phrases for greeting and assisting costumers
 
The Art Pastor's Guide to Sabbath | Steve Thomason
The Art Pastor's Guide to Sabbath | Steve ThomasonThe Art Pastor's Guide to Sabbath | Steve Thomason
The Art Pastor's Guide to Sabbath | Steve Thomason
 
How to Break the cycle of negative Thoughts
How to Break the cycle of negative ThoughtsHow to Break the cycle of negative Thoughts
How to Break the cycle of negative Thoughts
 
The geography of Taylor Swift - some ideas
The geography of Taylor Swift - some ideasThe geography of Taylor Swift - some ideas
The geography of Taylor Swift - some ideas
 
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
 
The approach at University of Liverpool.pptx
The approach at University of Liverpool.pptxThe approach at University of Liverpool.pptx
The approach at University of Liverpool.pptx
 
50 ĐỀ LUYỆN THI IOE LỚP 9 - NĂM HỌC 2022-2023 (CÓ LINK HÌNH, FILE AUDIO VÀ ĐÁ...
50 ĐỀ LUYỆN THI IOE LỚP 9 - NĂM HỌC 2022-2023 (CÓ LINK HÌNH, FILE AUDIO VÀ ĐÁ...50 ĐỀ LUYỆN THI IOE LỚP 9 - NĂM HỌC 2022-2023 (CÓ LINK HÌNH, FILE AUDIO VÀ ĐÁ...
50 ĐỀ LUYỆN THI IOE LỚP 9 - NĂM HỌC 2022-2023 (CÓ LINK HÌNH, FILE AUDIO VÀ ĐÁ...
 
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
 
Embracing GenAI - A Strategic Imperative
Embracing GenAI - A Strategic ImperativeEmbracing GenAI - A Strategic Imperative
Embracing GenAI - A Strategic Imperative
 
Instructions for Submissions thorugh G- Classroom.pptx
Instructions for Submissions thorugh G- Classroom.pptxInstructions for Submissions thorugh G- Classroom.pptx
Instructions for Submissions thorugh G- Classroom.pptx
 

Which of the following are differences between sole traders and limite.pdf

  • 1. Which of the following are differences between sole traders and limited liability companies? (1) A sole trader's financial statements are private and never made available to third parties; a company's financial statements are sent to shareholders and may be publicly filed (2) Only companies have share capital (3) A sole trader is fully and personally liable for any losses that the business might make (4) Drawings would only appear in the financial statements of a sole trader a. 1 and 4 only b. 1,3 and 4 c. 2 and 3 only d. 2,3 and 4 Clear my choice