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emyleepatton emyleepatton
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5 years ago
Which of the following is typically the major factor in limiting the growth of a sole proprietorship?

▸ The organization of such firms tends to become extremely complicated over time.

▸ Investors have a great deal of control over the day-to-day running of the firm, leading to confusion when conflicts in direction arise.

▸ It is extremely difficult to transfer control of such a firm to a new owner if the present owner dies or wishes to sell the firm.

▸ The amount of money that can be raised by the firm is limited by the fact that the single owner must make good on all debts.
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
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BtllllllBtllllll
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5 years ago
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emyleepatton Author
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5 years ago
Thanks for your help!!
jasonbourne
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
jaray75
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2 hours ago
This helped my grade so much Perfect
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