Which of the following is a disadvantage of the sole proprietorship form of business organization?
A) The proprietor is personally liable for all losses incurred by the proprietorship.
B) The proprietor does not get to retain all profits of the business.
C) The proprietorship suffers double taxation.
D) Establishing the proprietorship requires more forms and other legal formalities than any other form of organization.
A
Business
You might also like to view...
If you invest $4,000 in a bank account at 4% today, approximately how much will be in the account after 36 years?
a. $8,000 b. $12,000 c. $16,000 d. $20,000
Business
The logic behind the Mann-Whitney U test is that if the hypothesis is true that the populations have equal central locations, then the sum of the ranks from each population will be approximately equal
Indicate whether the statement is true or false
Business