drag the tiles to the correct boxes to complete the pairs. match each business structure with the scenario…

drag the tiles to the correct boxes to complete the pairs. match each business structure with the scenario that describes it. sole proprietorship partnership corporation lucas and tyler are best friends. they pool their resources to start a web - design business. lucas does the design work, and tyler brings in the clients. the two friends share the profits as well as the liability for debt or losses. pluto candies is a candy manufacturing company. the company issued three million shares and sold them at an opening price of $17. a thousand shareholders came on board, helping the company raise $45 million dollars. ruth starts a handmade crafts business. she obtains a license and turns her guest room into a workshop. she has an assistant whom she pays a monthly salary. ruth keeps all the profits and accepts full liability for debt or losses.

drag the tiles to the correct boxes to complete the pairs. match each business structure with the scenario that describes it. sole proprietorship partnership corporation lucas and tyler are best friends. they pool their resources to start a web - design business. lucas does the design work, and tyler brings in the clients. the two friends share the profits as well as the liability for debt or losses. pluto candies is a candy manufacturing company. the company issued three million shares and sold them at an opening price of $17. a thousand shareholders came on board, helping the company raise $45 million dollars. ruth starts a handmade crafts business. she obtains a license and turns her guest room into a workshop. she has an assistant whom she pays a monthly salary. ruth keeps all the profits and accepts full liability for debt or losses.

Answer

Brief Explanations:

  1. In a partnership, two or more people pool resources, share profits and liabilities. Lucas and Tyler's Web - design business fits this as they are two friends sharing resources, profits and liability.
  2. A corporation issues shares to raise capital and has many shareholders. Pluto Candies issuing and selling shares to a thousand shareholders makes it a corporation.
  3. A sole proprietorship is owned and run by one person who has full control over profits and liabilities. Ruth's handmade crafts business, which she runs alone and has full control over, is a sole proprietorship.

Answer:

Lucas and Tyler's Web - design business: partnership Pluto Candies: corporation Ruth's handmade crafts business: sole proprietorship