Multiple Choice
Which of the following is not true for a sole proprietor?
A) you have complete control over your business
B) you get all the income earned by the business
C) you have limited liability
D) any profits earned are taxed as personal income
Correct Answer:
Verified
Correct Answer:
Verified
Q30: The board of directors of a corporation
Q31: The major problem with general partnerships is:<br>A)shared
Q32: Realizing more efficient economies of scale is
Q33: Which of the following is not a
Q34: Who is considered hostile in a hostile
Q35: A sole proprietorship is a legal form
Q36: About what percent of U.S.businesses are partnerships?<br>A)1%<br>B)10%<br>C)30%<br>D)50%
Q37: Ben Cohen and Jerry Greenfield started Ben
Q38: Kraft and Heinz were an example of
Q40: In a corporation,all of the owners help