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nyah95 nyah95
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2 years ago
Which of the following is a key difference between a corporation and a sole proprietorship?

▸ Compared to establishing a proprietorship, establishing a corporation is easier.

▸ Unlike a corporation, a proprietorship is subject to double taxation.

▸ Regulatory requirements are less severe for corporations than sole proprietorships.

▸ Unlike a sole proprietorship, a corporation has limited financial liability.

▸ Establishing a sole proprietorship has complex legal requirements unlike a corporation.
Textbook 
Business in Action

Business in Action


Edition: 9th
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drdaviddrdavid
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2 years ago
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Thanks
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