Multiple Choice
Which of the following is NOT considered to be a disadvantage of the sole proprietorship form of business organization?
A) limited ability to raise capital
B) life is limited to that of the owner
C) unlimited liability of business owners
D) fewer regulations and reporting requirements
Correct Answer:
Verified
Correct Answer:
Verified
Q1: The five basic principles of finance include
Q2: A corporate treasurer is typically responsible for
Q3: The sole proprietorship has no legal business
Q4: In which of the following cases will
Q5: In order to reduce agency problems,managers may
Q7: The sole proprietorship is for all practical
Q8: Which of the following categories of owners
Q9: Assume that an investor is offered a
Q10: One of the causes of the recent
Q11: The goal of profit maximization ignores the