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    Exam 21: Rents, Profits, and the Financial Environment of Business
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    An Advantage of the Proprietorship as a Form of Business
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An Advantage of the Proprietorship as a Form of Business

Question 295

Question 295

Multiple Choice

An advantage of the proprietorship as a form of business organization is


A) its limited liability.
B) its limited access to capital, thus reducing the possible size of debt.
C) that it is easy to form.
D) that it can sell bonds to the public.

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