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  2. Topic
    Business
  3. Study Set
    Corporate Finance
  4. Exam
    Exam 1: An overview of financial management and the financial environment
  5. Question
    Two Disadvantages of a Proprietorship Are (1)the Relative Difficulty of Raising
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Two Disadvantages of a Proprietorship Are (1)the Relative Difficulty of Raising

Question 25

Question 25

True/False

Two disadvantages of a proprietorship are (1)the relative difficulty of raising new capital and (2)the owner's unlimited personal liability for the business' debts.

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