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the following describe several different business organization
the following describe several different business organization. Determine whether the description refers to a sole proprietorship, partnership, or corporation.a. A-1 pays it own income taxes and has two owners.b. Ownership of Zeller Company is divided into 1,000 shares of stock.c. Micah Douglas and Nathan Logan own Financial Services, a financial services provider. Neither Douglas nor Logan has personal responsibility for the debts of Financial services.d. Plasto Products does not pay income taxes and has one owner.f. Ian LLC does not have separate legal existence apart from the one person who owns it
Expert Solution
(a). Coporation
(b). Corporation
(c). Corporation
(d). Sole Propietorship
(f). Sole Proprietorship
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