Which of the following would be an advantage of a sole proprietorship?
a. ability to raise money by issuing stock
b. the sharing of risk with other investors
c. limited liability
d. unlimited liability
e. one person can make all decisions
E
Economics
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If Sally drives less carefully after buying auto insurance, she illustrates
A) adverse selection. B) negative selection. C) moral hazard. D) lemon hazard.
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The Millennium Development Goals include
a. eliminating the proportion of people living on less than $1 per day. b. universal primary education. c. increasing exports by one half. d. all of the above.
Economics