Multiple Choice
Nick wants to start his own business.Nick should consider a sole proprietorship if he:
A) Expects rapid growth and want to be able to raise a large sum of money.
B) Wants to make it easy to attract qualified employees.
C) Wants to be his own boss and can accept unlimited liability.
D) Wants to minimize the financial risk he must accept as the owner of a business.
Correct Answer:
Verified
Correct Answer:
Verified
Q4: Although sole proprietors do not pay any
Q5: Trevor and Tyler own all the stock
Q6: A limited partner is an owner who
Q10: Currently,AutoMotion Garage is operated as an):<br>A)Limited liability
Q12: A limited partnership consists of one or
Q23: It is said that corporations have perpetual
Q26: Once a business is established, it's almost
Q64: Like stockholders of a C corporation, owners
Q129: Emma Pebble and Chase Stone formed a
Q289: If a franchisee decides he wants out