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pepperflake pepperflake
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7 years ago
Which of the following is a disadvantage of the sole proprietorship form of business organization?
A) The proprietor is personally liable for all losses incurred by the proprietorship.
B) The proprietor does not get to retain all profits of the business.
C) The proprietorship suffers double taxation.
D) Establishing the proprietorship requires more forms and other legal formalities than any other form of organization.
Textbook 
The Legal Environment of Business

The Legal Environment of Business


Edition: 7th
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eshreemeshreem
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7 years ago
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Love is the only force capable of transforming an enemy into a friend.

Martin Luther King, Jr.

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pepperflake Author
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7 years ago
Correct Slight Smile TY
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You make an excellent tutor!
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