Which of the following is not an advantage of starting a new business as a sole proprietorship?
A) separation of ownership and business liability
B) limited control over the operation of the business
C) the initial cost in setting up the business
D) possibility of double taxation
Answer: A
Economics
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Which of the following is an example of a physical capital in agricultural production?
A) A common canal B) A farmer C) A road D) A tractor
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Which of the following is not an example of a transfer payment?
A. social security. B. unemployment benefits. C. workman's compensation. D. sales tax.
Economics