Which statement describes the advantage of operating a sole? proprietorship?
A. An important financial advantage in many sole proprietorships is the opportunity to share costs.
B. In a sole? proprietorship, the owner and the business are legally inseparable.
C. Sole proprietors have more privacy and generally are not required to report anything to anyone.
D. Sole proprietorships are? liquid, which also helps give them a long life? span; when shareholders sell or bequeath their? shares, ownership simply passes to a new? generation, so to speak.
E. Sole proprietorships have the ability to pool money by selling shares of stock to outside investors.
C. Sole proprietors have more privacy and generally are not required to report anything to anyone.
You might also like to view...
If real GDP is ________ than potential GDP, employment is ________ than its full-employment level and the unemployment rate rises ________ the natural unemployment rate
A) less; more; above B) more; more; above C) more; less; above D) less; less; below E) less; less; above
Given that the value of individual production of Carol and Tessie is zero, while their combined production is positive, we may conclude that:
a. any subset of the grand coalition can credibly threaten to block the coalition. b. the coalition is not individually rational. c. the core is empty. d. any allocation of payoffs from the coalition will lie within the core.