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seeb1999 seeb1999
wrote...
Posts: 480
Rep: 2 0
5 years ago
The disadvantages of proprietorships include

• limited liability for the owner.

• the fact that the proprietorship can continue even after the owner dies.

• double taxation of business profits.

• the fact that the proprietor is solely responsible for all the firm's debts.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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Replies
wrote...
5 years ago
the fact that the proprietor is solely responsible for all the firm's debts.
seeb1999 Author
wrote...
5 years ago
This site is awesome!
wrote...
5 years ago
Slight Smile Good luck on the rest
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