Advantages to transacting business as a sole proprietorship include
A) double taxation on the income of sole proprietors.
B) limits on the sole proprietor's personal liability.
C) the ease and low cost of starting the business.
D) the sole proprietor's lack of responsibility for actions by employees or agents.
Correct Answer:
Verified
Q6: The application for employer identification number must
Q7: A sole proprietorship certificate must be obtained
Q8: The sole proprietor's liability for the actions
Q9: The number of sole proprietorships in the
Q10: The income of sole proprietorships in the
Q12: Disadvantages to transacting business as a sole
Q13: A sole proprietorship is considered to be
A)
Q14: The rules of ethics that apply to
Q15: A sole proprietor may hire any number
Q16: A sole proprietor may delegate management and
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