Multiple Choice
Which of the following is a disadvantage of a sole proprietorship?
A) It is hard to attract and retain talented employees.
B) It is expensive and difficult to set up this type of business.
C) It is heavily regulated by most provincial and local governments.
D) There is limited liability.
Correct Answer:

Verified
Correct Answer:
Verified
Q135: The board of directors in a corporation
Q136: Suzanne Spinosa was just elected to the
Q137: What do the franchisees normally pay to
Q138: Owners of corporations are known as shareholders.
Q139: One advantage of a general corporation is
Q140: Crown corporations provide services to Canadians in
Q141: Sole proprietorships generally have a distinct advantage
Q142: Under a business format franchise, the franchisees
Q143: Basil Pappas spent his youth working in
Q145: Compared to a sole proprietorship, what would