Multiple Choice
In a sole proprietorship,the owner has complete control over the business.This allows the owner to:
A) have limited liability in meeting the debts of the business.
B) have access to multiple sources of funds.
C) respond quickly to competitive business conditions or to changes in the economy.
D) match the wages and benefits offered to employees by a large competing corporation.
E) utilize all profits without paying any taxes.
Correct Answer:

Verified
Correct Answer:
Verified
Q85: _ are profits of a corporation that
Q86: Which of the following statements is true
Q87: Which of the following statements is true
Q88: Limited partners have no voice in the
Q89: Maria wants to start a new business
Q90: A(n)_ is a form of business ownership
Q91: Which of the following statements is true
Q92: An organization composed of individuals or small
Q93: Which of the following is true of
Q95: Which of the following forms of business