Proprietorships are the most common form of organization because
A) they provide limited liability.
B) they are a legal entity separate from the owner.
C) they are easy to start.
D) it is easy to raise money from outside investors.
Correct Answer:
Verified
Q15: Federal taxes paid by a company might
Q16: A proprietor pays self-employment tax instead of
Q17: Double taxation is one of the disadvantages
Q18: The most common form of organization for
Q19: Of approximately 20 million businesses in existence
Q21: Disadvantages of proprietorships include
A) unlimited liability.
B) the
Q22: The biggest disadvantage of a sole proprietorship
Q23: There are two common forms of partnerships-
A)
Q24: General partners
A) have unlimited liability.
B) are liable
Q25: Which of the following is FALSE?
A) General
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