Bernie wants to go into the business of trucking refrigeration units.Among the reasons that would probably convince Bernie to set up his business as a sole proprietorship would be
A) its greater flexibility.
B) its limited liability.
C) its perpetual existence.
D) the ease of transferring the business to others.
Correct Answer:
Verified
Q3: Limited liability companies (LLCs)are governed by state
Q4: For federal income tax purposes,one-member limited liability
Q4: A limited liability partnership allows its partners
Q13: Most limited liability company statutes have no
Q15: A partner's profit from a partnership is
Q17: A limited liability company is not a
Q20: A sole proprietor owns the entire business
Q21: Any partnership can be dissolved by the
Q28: Jody owns KuppaJoe Kiosks,a sole proprietorship.Jody's liability
Q29: Normally,a dissociated member of a limited liability
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