Question and answer
Leigh wants to go into the business of construction contracting. Among the reasons that would probably convince Leigh to set up his business as a sole proprietorship would be which of the following?
its greater organizational flexibility. its limited liability. its perpetual existence. the ease of transferring the business to other family members.
its greater organizational flexibility
Get an answer
Ask Weegy or search for an answer now. (Free)
Original conversation
User: Leigh wants to go into the business of construction contracting. Among the reasons that would probably convince Leigh to set up his business as a sole proprietorship would be which of the following? its greater organizational flexibility. its limited liability. its perpetual existence. the ease of transferring the business to other family members.

Weegy: Among the reasons that would probably convince Leigh to set up his business as a sole proprietorship would be its limited liability because no tax payment is required in a sole proprietorship business. [smile]
Expert answered|cerise|Points 60|

Question
Asked 9/24/2011 6:42:44 PM
Updated 1/6/2012 6:32:09 PM
2 Answers/Comments
This conversation has been flagged as incorrect.
New answers
Rating
3
its greater organizational flexibility
Added 12/28/2011 5:40:45 AM
This answer has been added to the Weegy Knowledgebase
0
its greater organizational flexibility
Added 12/28/2011 5:40:45 AM
Comments
cerise the correct answer is that a sole proprietorship benefit is its greater organizational flexibility, as jokican7990 has stated. Sole proprietors pay taxes, as does every type of business. Filing tax returns on sole proprietorships involves preparing a simple, one- to tow-page IRS form; the Schedule C.
Added 1/6/2012 6:32:09 PM
Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
hi
Weegy: Hi, whats your question for Weegy today? User: If a director of a company invested a lot of money and stock prices drop, why would he be responsible? Weegy: Because directors decided to invest heavily in the firm's growth in negligent reliance on its officers' faulty financial reports. User: And if the company was LLC? Would he be liable? (More)
Question
Expert Answered
Asked 9/23/2011 1:52:47 PM
0 Answers/Comments
hi
Weegy: Hi, whats your question for Weegy today? User: If a director of a company invested a lot of money and stock prices drop, he would be liable. Is there anything he could do to fix the situation, is so, how? Weegy: Because directors decided to invest heavily in the firm's growth in negligent reliance on its officers' faulty financial reports. (More)
Question
Expert Answered
Asked 9/23/2011 1:58:32 PM
0 Answers/Comments
hi
Weegy: Hi, whats your question for Weegy today? User: Is there a solution for a director that causes a drop in stock? Weegy: Hello how can we help you today?" User: Is there a solution for a director that causes a drop in stock? (More)
Question
Expert Answered
Asked 9/23/2011 2:23:58 PM
0 Answers/Comments
16,974,201 questions answered
Popular Conversations
3x + 2x = -35
Weegy: 1/4 (2x ? 12) = 2/3 (3x + 9); 1/2x - 3 = 2x + 6; 1/2x - 2x = 6 + 3; -3/2x = 9; x = 9 ? (-3/2); x = 9 * ...
7/30/2014 12:20:31 PM| 2 Answers
7+8+8=? User: 7+9
Weegy: 8/7/9=(8/7)/9= 1.143/9=0.127;
7/30/2014 3:17:02 PM| 2 Answers
Determine whether the verb tense shift in the sentence below is ...
Weegy: The moderator asked for questions as soon as the speaker has finished. The verb tense shift is INAPPROPRIATE. ...
7/30/2014 4:08:17 PM| 2 Answers
4 5/6 + x = 8
Weegy: The answer for : (x^8+x^4)/x is (x^4+x^8)/x = sum_(n=-infinity)^infinity (piecewise | 1 | n = 7 2 | n = 0 7 | n ...
7/30/2014 4:17:44 PM| 2 Answers
The moderator asked for questions as soon as the speaker has ...
Weegy: a. appropriate :) User: By the time negotiations began, many pessimists have expressed doubt about ...
7/30/2014 4:30:09 PM| 2 Answers
Consider the poem, “The Soul Selects her own Society.” Select an ...
Weegy: A. Unnatural selection would be a title that reflects the main idea of the poem. User: In “The Soul Selects ...
7/30/2014 4:43:37 PM| 2 Answers
What year did the United States enter World War I? A. 1917 ...
Weegy: The United States enter World War I in: 1917. User: The first oil well was drilled in what geographical ...
7/31/2014 6:18:32 AM| 2 Answers
18-7x=-20.5 what is the value of x
7/31/2014 8:22:22 AM| 2 Answers
That man is a famous hockey player. a. Action verb b. Linking verb
Weegy: A linking verb is a verb that connects the subject of a sentence to the complement. User: The winter air ...
7/31/2014 8:47:58 AM| 2 Answers
The harvesting of wheat in British Columbia is an example of ...
Weegy: The harvesting of wheat in British Columbia is an example of A. ecological imperialism. User: Which of the ...
7/31/2014 10:34:41 AM| 2 Answers
Weegy Stuff
S
R
L
1
1
P
C
1
P
1
1
L
P
C
P
C
1
P
C
L
P
C
1
P
C
Points 2600 [Total 21600]| Ratings 1| Comments 2590| Invitations 0|Offline
S
L
P
C
L
P
C
P
C
L
P
C
P
C
Points 2467 [Total 15020]| Ratings 1| Comments 2457| Invitations 0|Online
S
L
P
C
P
C
1
L
P
C
L
P
C
P
C
P
C
Points 2430 [Total 17559]| Ratings 0| Comments 2430| Invitations 0|Offline
S
L
1
Points 1793 [Total 3976]| Ratings 2| Comments 1773| Invitations 0|Offline
S
L
1
1
1
1
L
1
Points 1530 [Total 7707]| Ratings 2| Comments 1510| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 1053 [Total 10661]| Ratings 0| Comments 1053| Invitations 0|Offline
S
1
L
Points 888 [Total 4563]| Ratings 2| Comments 868| Invitations 0|Online
S
P
C
L
P
L
1
Points 828 [Total 5882]| Ratings 4| Comments 788| Invitations 0|Online
S
Points 195 [Total 199]| Ratings 0| Comments 185| Invitations 1|Offline
S
R
R
Points 160 [Total 348]| Ratings 1| Comments 140| Invitations 1|Offline
Home | Contact | Archive | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.