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goji.go goji.go
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10 years ago
One disadvantage of sole proprietorship is the ________.
A) possibility of disagreements between different owners
B) unlimited liability the owner has for the debts of the company
C) fact that any income earned by this type of business is taxed twice
D) cost of starting or ending the company is higher than other businesses
E) burden of all the required paperwork that must be filed
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Diesel
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bbb
wrote...
#1
10 years ago
B) Sole proprietorships have one owner, which means there are no disagreements between owners; it also means a simple cost-free process of ending the company. Double taxation is a disadvantage of corporations; however, unlike corporations, sole proprietorships have unlimited liability.
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goji.go Authorgoji.go
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10 years ago
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Diesel

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