Torrie is thinking of starting up a small business selling hand-painted wine glasses.She is considering setting up her business as a sole proprietorship.What is one advantage to Torrie of setting up her business as a sole proprietorship?
A) As a sole proprietor,Torrie would face limited liability.
B) As a sole proprietor,Torrie would have the ability to share risk with shareholders.
C) As a sole proprietor,Torrie would have both ownership and control over the business.
D) All of the above would be advantages of setting up her business as a sole proprietorship.
Correct Answer:
Verified
Q21: How do the owners of a corporation
Q22: Which of the following statements is true?
A)Corporations
Q23: Torrie is thinking of starting up a
Q24: Limited personal liability is an advantage for
A)sole
Q25: In the United States,_ percent of all
Q27: The limited ability to raise funds is
Q28: Which of the following is not an
Q29: In the United States,_ percent of all
Q30: The ability to share work and share
Q31: Assume you and your cousin Vinny set
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents