Which of the following is a disadvantage that proprietorships face and corporations do not?
A) company size too big to manage effectively
B) access to familiar and even family labor
C) owners' control over day-to-day operations
D) double taxation
E) unlimited liability
Correct Answer:
Verified
Q52: One of the costs of shifting from
Q53: A corporation is not
A) a legal identity
Q54: If a proprietorship converts to a corporation
Q55: If a corporation does not distribute profit
Q56: Corporate profits that are not reinvested in
Q58: The major difference between a proprietorship and
Q59: Which of the following does not provide
Q60: Who receives corporate interest before any disbursement
Q61: Suppose you decide to set up your
Q62: A corporation has sold 1,000 shares of
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