Multiple Choice
Which of the following statements is true about sole proprietors?
A) they are willing to risk their own resources to start a business
B) they need a lot of money from others to start their business
C) they want to minimize the costs of getting started
D) they risk their personal assets for the business
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Which industry has the highest percentage of
Q10: No single form of ownership will give
Q11: A very important consideration in picking a
Q12: A hostile takeover is a takeover that
Q16: Sole proprietorship, partnership, and corporation are the
Q17: Identify and define three types of business
Q18: As a sole proprietor, you can reduce
Q20: Corporations are limited to large,well-known companies.
Q20: The _ in a limited partnership has(have)
Q38: Kraft and Heinz were an example of