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    Financial Management Theory and Practice Study Set 1
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    Exam 1: An Overview of Financial Management and the Financial Environment
  5. Question
    Two Disadvantages of a Proprietorship Are (1) the Relative Difficulty
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Two Disadvantages of a Proprietorship Are (1) the Relative Difficulty

Question 52

Question 52

True/False

Two disadvantages of a proprietorship are (1) the relative difficulty of raising new capital and (2) the owner's unlimited personal liability for the business's debts.

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