Which is an advantage of owning a sole proprietorship?
A) unlimited liability
B) easiness of start up
C) difficulty in raising large amounts of capital
D) having full responsibility for all aspects of the business
Correct Answer:
Verified
Q4: _ possess most of the legal rights
Q5: Jim Delaney employs five people to make
Q6: Which statement regarding American businesses is TRUE?
A)
Q7: Sole proprietors and partnerships share the characteristic
Q8: _ are more numerous, but _ sell
Q10: The characteristic of a corporation that MOST
Q11: Limited liability is important in encouraging business
Q12: How are corporations different from partnerships?
A) Corporations
Q13: Jim Delaney sold his pizza firm to
Q14: Eve runs a yoga studio. She is
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