Which of the following options is NOT a characteristic of a proprietorship?
A) Single ownership
B) Unlimited liability
C) Double taxation
D) Easy to form and dissolve
Correct Answer:
Verified
Q90: Which of the following is the most
Q91: The disadvantages of proprietorships include
A) limited liability
Q93: One disadvantage of a partnership is
A) limited
Q95: A proprietorship is
A) two or more individuals
Q96: Which of the following participants in the
Q100: The most common form of business organization,
Q102: Limited liability is a characteristic of
A) partnerships
Q109: Explicit costs are
A) the opportunity costs of
Q112: Accounting costs represent
A) explicit costs paid by
Q120: The main advantage of a corporate form
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