The main disadvantage to organizing a business as a proprietorship is
A) its complex management structure.
B) limited liability.
C) unlimited liability.
D) that economic profit cannot be maximized.
Correct Answer:
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Q136: Which of the following CORRECTLY characterize principals
Q137: Giving managers an ownership stake in a
Q138: The principal-agent problem suggests that
A) principals and
Q139: Which of the following compensation schemes can
Q140: Which of the following forms of business
Q142: A proprietorship is a firm with
A) two
Q143: A chief reason firms give employees bonuses
Q144: Which of the following are characteristics of
Q145: The profits of a proprietorship are
A) taxed
Q146: Owners of _ have unlimited liability.
A) partnerships
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