Article 31 Where the assets of a sole proprietorship enterprise are not sufficient to repay its debts in full, the sole proprietor shall contribute his other personal assets to cover the difference.
A sole proprietorship enterprise shall fulfill its obligation to pay tax in accordance with the law.
The Dividends account is a "temporary"owners' equity account, similar to the owner's drawing account in a sole proprietorship.
Commercial law at the national, state( provincial), and municipal levels. Forms of organizational structure( e. g., sole proprietorship, partnership, corporation). Taxes. Occupational safety and health. Labor regulations. Ethics.
Identify factors to consider in evaluating the profitability and solvency of a sole proprietor ship.
Any restriction by the sole proprietor on the authority of the agent or employee shall not constitutes a defense against a third person in good faith.
They take the form of: the sole proprietorship, the partnership and the corporation.
We thoroughly screened fees and funds and stopped collecting administration fees from sole proprietors and fair trade markets nationwide.
He is the sole proprietor of the whole management.
For example, many states require a sole proprietor to use their own name for the business name unless they formally file another name as a trade name, or fictitious name.
"Compared with the sole proprietorship, what advantages has the partnership got?"
In Britain, the unlimited liability partnership is just like the sole proprietorship unless it is registered under the British Limited Partnership Act of 1907.
Where the sole proprietor conducts liquidation himself, he shall notify the creditors fifteen days prior to liquidation, and where he is unable to give notice, he shall make a public announcement.
Hangzhou Lianli Electronics Factory is a private sole proprietorship enterprise equipped with advanced plug-in and welding lines.
The sole proprietor may not transfer or conceal the property of the sole proprietorship enterprise prior to full payment of its debt.
It is in the area of owners' equity that differences arise between accounting for a corporation and accounting for a sole proprietorship or partnership.
Forming a corporation is more costly than starting a sole proprietorship.
That is one of the advantages of a sole proprietorship.
Article21 A sole proprietorship enterprise shall set up accounting books and conduct accounting in accordance with the law.
Prior to issuance of a business license for sole proprietorship enterprise, the sole proprietor may not engage in any business in the name of the sole proprietorship enterprise.
In a general partnership, each partner has responsibilities similar to those of a sole proprietor.
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