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REGISTRATION STATEMENT for Corporation Partnership Form

REGISTRATION STATEMENT for Corporation Partnership Form

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Video instructions and help with filling out and completing REGISTRATION STATEMENT For Corporation Partnership Form

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foreign [Music] welcome to another informative video today we will discuss the different business structures namely the sole proprietorship partnership and Corporation so let's differentiate this tree the first is the sole proprietorship in terms of number of owners as the name implies you only have one owner which we call the sole proprietor decision making very straightforward long since it's a long young owner whatever his decision your name is when it comes to theodical personality or legal existence under the sole proprietorship is equivalent to its owner entity registers the next category is the liability under the sole proprietorship the owner is liable to the extent of his personal assets let's say young companies making insolvent or my bankrupt then may remaining liabilities as a third party in third party up to the extent of his personal assets parama settling obligations now or for example unsettled obligations as a bir account yeah whether it is a bu

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