Which of the following is NOT an advantage of a proprietorship?

A. Liability of the owner is unlimited.
B. They are easy to form and dissolve.
C. Profits are only taxed once.
D. Decision-making resides with one person-the owner.

Answer: A

Economics

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If there is an exogenous increase in investment spending, Monetarists argue that there would be little or no effect on real output because the interest rate would __________,

investment would __________, saving would __________, and consumption would __________. A) decline; increase; increase; decrease B) decline; increase; decrease; increase C) rise; decrease; decrease; increase D) rise; decrease; increase; decrease

Economics

Who benefits from international trade? Who loses?

Economics