Multiple Choice
Paul Hyatt owns and operates DeepClean, a Florida-based company that cleans up mold and mildew in homes and businesses.As the sole proprietor of the business, he has unlimited liability, which means:
A) he has unlimited access to funds
B) he is fully liable for all business debts
C) he usually has to put in an unlimited number of hours
D) he must have liability insurance
E) he is free from government regulation
Correct Answer:

Verified
Correct Answer:
Verified
Q7: Articles of incorporation do NOT include:<br>A)the name
Q8: Miniature Precision Corporation, a microprocessor manufacturer, recently
Q9: When Linda McAnem began Stirya, a New
Q10: A _ merger brings together companies in
Q13: When Wachovia Bank, acquired First Union Bank
Q14: A firm's stockholders have the right to
Q15: Which of the following is an advantage
Q37: One of the disadvantages of the sole
Q40: The sole proprietorship is considered a legal
Q122: Dissolving a partnership is easier than dissolving