Which of the following is an ADVANTAGE of a sole proprietorship?
A) The owner's unlimited liability
B) The lack of continuity upon death of the owner
C) The ease of start up
D) The ability to raise capital
Answer: C
Explanation: C) A and B are disadvantages, and D is an advantage of a corporation.
Business
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Which one of these is NOT included in the steps to simplify your life?
A) energize B) minimize C) accumulate D) organize E) prioritize
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A function of a property manager is the supervision of normal maintenance and repair to the property. Which of the following acts would most likely would require additional approval of the owner?
A. Scheduling regular painting. B. Repair of the broken window. C. Renovation of tenant's unit D. Fix a broken air-conditioner
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