Multiple Choice
Which of the following is an advantage of the sole proprietorship?
A) limited liability for its owners
B) double taxation for its owners
C) no significant legal requirements for starting the business
D) easily transferred ownership
Correct Answer:
Verified
Correct Answer:
Verified
Q18: The root cause of agency problems is
Q19: The financial manager most directly responsible for
Q20: As of today,the most severe economic crisis
Q21: Your friend Ricky took a finance class
Q22: Shareholder wealth maximization means maximizing the price
Q24: Short-term United States Treasury bills are widely
Q25: As of year-end 2012,the great economic recession
Q26: Fortunately,Europe was largely shielded from the economic
Q27: Profits represent money that can be spent,and
Q28: An investor is considering two equally risky