Double taxation is one of the disadvantages of proprietorships.
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Q12: Limited liability companies are often recommended for
Q13: Laws concerning limited liability companies vary from
Q14: A limited liability company provides limited liability
Q15: Federal taxes paid by a company might
Q16: A proprietor pays self-employment tax instead of
Q18: The most common form of organization for
Q19: Of approximately 20 million businesses in existence
Q20: Proprietorships are the most common form of
Q21: Disadvantages of proprietorships include
A) unlimited liability.
B) the
Q22: The biggest disadvantage of a sole proprietorship
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