The disadvantages of proprietorships include
A) limited liability for the owner.
B) double taxation of business profits.
C) the fact that the proprietorship can continue even after the owner dies.
D) the fact that the proprietor is solely responsible for all the firm's debts.
Correct Answer:
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Q86: Which of the following participants in the
Q87: Which of the following is the most
Q88: Compared to a proprietorship, an advantage of
Q89: An advantage of proprietorships is
A) the ease
Q90: One advantage of a partnership is
A) lower
Q92: A proprietorship is
A) a business with annual
Q93: One disadvantage of a partnership is
A) limited
Q94: Economic profit can be calculated as
A) total
Q95: A proprietorship is
A) two or more individuals
Q96: In a partnership, debts accumulated by one
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