Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Homework Help/Study Tips Expert

Nicola and May are partners in a business which operates a second-hand bookshop. They have two employees working for the business. The shop is located in leased premises. The business is doing well and has been profitable for them.

An opportunity has arisen to purchase two second-hand book shops in nearby suburbs. Nicola and May are keen to expand their business. They will need a large injection of funds to purchase the additional businesses. They will need to appoint a manager to at least one of the shops, as they will be fully occupied by the other two.

Nicola is concerned about her potential liability for the debts and liabilities of the partnership. Also, she is concerned about the future of the business if one of them should decide to leave, as the lease is in both of their names.

Advise Nicola on the advantages and disadvantages of incorporating. If you recommend incorporation, what form of incorporation would be the most appropriate? Why?

Homework Help/Study Tips, Others

  • Category:- Homework Help/Study Tips
  • Reference No.:- M937195

Have any Question? 


Related Questions in Homework Help/Study Tips

Questions about a poem need to be answered from someone who

Questions about a poem need to be answered from someone who is good in poetry. BIOGRAPHICAL QUESTIONS 1. Are facts about the writer's life relevant to your understanding of the work? 2. Are characters and incidents in th ...

International government relations questionsanswer the

International Government Relations Questions Answer the following 5 questions with an essay of 200-300 words (20 points each essay). Shorter or longer essays will lose credit. Be clear, concise, and provide facts and exa ...

Briefly describe three different team activities that you

Briefly describe three different team activities that you have experienced or observed on a team that increased team effectiveness. Explain the impact of these activities on the team. Ref: Thompson, L. (07/2013). Making ...

Which components of the juvenile justice system do you

Which components of the juvenile justice system do you believe could be effectively privatized? Explain. Some research will help you develop your response. Look for proof that privatized programs work/fail.

Provide a 150 word response to the discussion question

Provide a 150 word response to the discussion question answer below in apa format with in-text citations and references. Title page is not needed: Discussion Question Answer: When there is a gap in research findings, it ...

How can past ea level changes inform us about future

How can past ea level changes inform us about future anthropogenically driven sea level changes? Rough notes to guide: -Diagnosis encouraged -Rate has increased over the last 100 years -What is anthropogenically driven s ...

Describe indentured servants and company towns compare and

Describe indentured servants and company towns. Compare and contrast indentured servants and company towns. What was the underlying reason for these practices. Research must be on original indentured servants and company ...

Assignment etiology and treatmentin assignment you reviewed

Assignment: Etiology and Treatment In Assignment, you reviewed a case study about Jessica, made primary and secondary diagnoses, and identified differential diagnoses for each principal and secondary diagnosis. The skill ...

Diversity among individuals as well as cultures provides a

Diversity among individuals, as well as cultures, provides a challenge for nurses when it comes to delivering meaningful health promotion and illness prevention-based education. How do teaching principles, varied learnin ...

I want review about mccabe amp mrs miller that shown the

I want review about McCabe & Mrs. Miller that shown the story, soundtrack, cinematography, themes, 2 pages and I need today as soon as possible and I need A Work.

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen