The primary advantage of the proprietor form of business over the corporate form is :
A)ease of raising capital (money.)
B)avoidance of double taxation.
C)unlimited life.
D)limited liability.

Question

Quizplus · Accepted Answer

The primary advantage of the proprietorship form of business over the corporate form is the avoidance of double taxation. In a proprietorship, profits are taxed only once as the owner's personal income, whereas in a corporation, profits are taxed at the corporate level and then again as personal income when distributed as dividends to shareholders.

The Primary Advantage of the Proprietor Form of Business Over