How do a sole proprietorship and a corporation differ?
A) Proprietorships have unlimited liability while corporations have limited liability.
B) Corporations can issue stocks and bonds, while proprietorships cannot.
C) Corporations face more taxes than do proprietorships.
D) All of these are differences between the two types of businesses.
Correct Answer:
Verified
Q5: Organizing a successful firm in a market
Q6: In a typical year, _ of new
Q7: How does the owner of a sole
Q8: Jeremy is thinking of starting up a
Q9: Which type of business has the least
Q11: Who controls a sole proprietorship?
A)stockholders
B)bondholders
C)the owner
D)all of
Q12: The owners of a _ have a
Q13: A corporation is the type of business
Q14: Which of the following is an advantage
Q15: Which of the following must a firm
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