Multiple Choice
One of the major advantages of a sole proprietorship is
A) that the owner has limited liability.
B) that stock in the proprietorship can be easily transferred.
C) that it is exempt from many tax rules that would otherwise apply when employees are hired by the firm.
D) low operating costs.
Correct Answer:
Verified
Correct Answer:
Verified
Q21: Who is accountable for social responsibility within
Q22: High-quality initial public offerings are usually sold
Q23: The Sarbanes-Oxley Act was passed in an
Q24: Agency theory assumes that corporate managers act
Q25: The internationalization of the financial markets has<br>A)
Q27: Financial capital is composed of long-term plant
Q28: The major difficulty in most insider-trading cases
Q29: Higher returns always induce that stockholders should
Q30: Which of the following is not an
Q31: Because socially desirable goals can hinder profitability