Multiple Choice
Advantage(s) of a proprietorship form of organization is (are)
A) Minimal legal requirements needed to start
B) Owner has complete control over the business
C) Pays no income tax as a separate business entity
D) All of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q5: Explain the concept of revolving fund financing
Q6: The form of business organization in the
Q7: A relatively new type of business organization
Q8: What is a "silent" partner?
Q9: The legal document that is filed with
Q11: -------------------------------stock usually carries the privilege of voting
Q12: A partner is an individual who cannot
Q13: A -------------------------------partner permits individuals to contribute money
Q14: A disadvantage of a partnership is<br>A) Unlimited
Q15: ------------------------------- allow cooperatives to distribute net returns