Examlex

Solved

Which of the Following Issues Is Faced by Application Service

question 26

Multiple Choice

Which of the following issues is faced by application service providers (ASPs) ?


Definitions:

Sole Proprietorship

A type of enterprise that is owned and operated by one person, with no legal distinction between the owner and the business entity.

Corporation

A legal entity established by individuals, stockholders, or shareholders, with separate legal rights and liabilities distinct from those of its owners, used to conduct business.

General Partner

A member of a partnership who has unlimited liability and is responsible for the management of the partnership.

Limited Partnership

A business structure with at least one general partner who manages the business and assumes unlimited liability, and one or more limited partners who provide capital and have limited liability.

Related Questions