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    Principles of Finance
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    Exam 6: Business Organizations and the Tax Environment
  5. Question
    Which of the Following Is Not a Limitation of the Proprietorship
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Which of the Following Is Not a Limitation of the Proprietorship

Question 48

Question 48

Multiple Choice

Which of the following is not a limitation of the proprietorship form of business?


A) Unlimited personal liability
B) Difficulty raising capital
C) Double taxation
D) Difficulty in transferring ownership
E) Limited life

Correct Answer:

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