Multiple Choice
Which of the following is a key advantage of a sole proprietorship?
A) The owner has limited liability for the debts for this type of business.
B) It is easy and inexpensive to form this type of business.
C) The business has a perpetual life.
D) It is very easy to raise financial capital for this type of business.
Correct Answer:
Verified
Correct Answer:
Verified
Q11: The success of a franchisee can be
Q12: Corporations that operate in two provinces must
Q13: What is franchising? What is the relationship
Q14: Owners of sole proprietorships are personally responsible
Q15: What is a cooperative? Why is one
Q17: Identify and discuss five disadvantages of operating
Q18: Which of the following is a disadvantage
Q19: In a general partnership, all owners have
Q20: What is the objective of forming a
Q21: Identify and describe three advantages of general