Which of the following is true about proprietorship?
A) It is frequently used in finance, insurance, and real estate.
B) It is the most popular form of business in the United States.
C) The owner of the business has to share the profits with his partner.
D) It is owned by two persons who have unlimited liability for its debts and obligations.
Correct Answer:
Verified
Q13: In the United States, finance, insurance, and
Q14: What does a buy-sell agreement do?
A) It
Q15: Which of the following factors should be
Q16: Small business owners prefer a proprietorship over
Q17: A disadvantage of a corporation is that:
A)
Q19: The _ form of business generates significant
Q20: An advantage of proprietorship is that it:
A)
Q21: The partnership is easier to form, operate,
Q22: Which of the following is true about
Q23: Which of the following is true of
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