An advantage of proprietorships is
A) the ease with which they can be formed and dissolved.
B) their ability to raise large amounts of equity capital.
C) the fact that their profits are not taxed.
D) the breadth of management expertise that comes from having a board of directors.
Correct Answer:
Verified
Q84: A proprietorship is
A) difficult to form.
B) taxed
Q85: Which of the following is a disadvantage
Q86: Which of the following participants in the
Q87: Which of the following is the most
Q88: Compared to a proprietorship, an advantage of
Q90: One advantage of a partnership is
A) lower
Q91: The disadvantages of proprietorships include
A) limited liability
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
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