Multiple Choice
A disadvantage of the sole proprietorship is
A) the difficulty of formation.
B) the inflexibility of management and control.
C) the unlimited liability of the principal.
D) the double taxation that occurs.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q24: General partnerships are not created by filing
Q25: Under the Revised Uniform Partnership Act,the act
Q26: The Revised Uniform Partnership Act was enacted
Q27: Capitalization refers to how the business will
Q28: A partnership is considered fully terminated<br>A) after
Q30: Mariel owns a toy store,which is a
Q31: Stanton and Francesca have started a general
Q32: Roger is a limited partner in a
Q33: Liana and Tara are operating a business
Q34: In the absence of an agreement to