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Tesy Tesy
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6 years ago
What is the fundamental difference between a sole proprietorship and a corporation?
A) There isn't really a fundamental difference between a sole proprietorship and a corporation.
B) A sole proprietor has unlimited liability, while investors in a corporation have limited liability.
C) A corporation is a legal entity that is separate from its owners, while in a sole proprietorship, there is no such distinction.
D) A corporation is larger than a sole proprietorship.
E) A corporation is more bureaucratic than a sole proprietorship.
Textbook 
Business Essentials, Canadian Edition

Business Essentials, Canadian Edition


Edition: 8th
Authors:
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ByprivateByprivate
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6 years ago
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