Thomas wants to make money, so he starts his own business as a sole proprietor. Why does he like this form of business?
A) he will get to keep all of the profits the business makes
B) profit is guaranteed because he will be the only owner
C) it will provide a steady income for him
D) he has to split the profits with only one other person
Correct Answer:
Verified
Q18: Three college friends start a new mobile
Q19: Amal and Nasim would like a form
Q20: Edward would like a form of business
Q21: With regard to taxation of partnerships, which
Q22: Taraun has always dreamed of starting his
Q24: If Cara, Aubrey, and Liam want to
Q25: Nidal has an idea for a new
Q26: What does corporate taxation mean?
A) Companies have
Q27: Denzel has a lot of expertise in
Q28: In which of the following do profits
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents