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Home Q & A Board Other Fields Homework Help Business Economics
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ashleykali00 ashleykali00
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6 years ago
Which of the following is a major advantage of the sole proprietorship?
 a. separation of ownership and control
  b. limited liability for business debt
  c. transferability of ownership and firm continuity over time
  d. ease of start-up
  e. ease of obtaining financing

QUESTION 2

A major disadvantage of the corporate form of business is limited liability.
 a. True
  b. False

QUESTION 3

The least common form of business organization in the United States is the partnership.
 a. True
  b. False

QUESTION 4

The most common form of business organization in the United States is the sole proprietorship.
 a. True
  b. False

QUESTION 5

A disadvantage of the corporate form of business organization is that corporate income is taxed twice.
 a. True
  b. False
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HenrinaHenrina
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#1
Posts: 336
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6 years ago
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ashleykali00 Author
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#2
6 years ago
Exactly what I needed for my quiz Smiling Face with Open Mouth
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