In a Few Sentences, Identify the Two Desirable Characteristics of a Good

question 27

Essay

In a few sentences, identify the two desirable characteristics of a good estimator, andexplain what makes them desirable characteristics.

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Definitions:

OTC

Over-the-counter; referring to securities traded in some context other than on a formal exchange.

Proprietorship

A business entity owned and operated by a single individual, with no distinction between the business and the owner.

Personal Liability

The responsibility of individuals to repay debt or fulfill obligations from their own assets, distinct from corporate or shared liabilities.

Limited Liability

A legal structure where a company's owners are protected from personal responsibility for its debts or liabilities beyond their investment in the company.