Which of the following is not a disadvantage of a proprietorship?
A) how profits are taxed
B) ability to raise capital
C) unlimited liability
D) the disposition of the firm when the owner dies
A
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Which of the following are regulations that nations in regional trade blocs establish to delineate product categories eligible for trading preferences?
A) trade quotas B) trade tariffs C) rules of law D) rules of origin
With ATMs, it is possible to retrieve cash from the bank at any time. One hundred years ago, one could only get cash from the bank during business hours, say, 9 am to 3 pm. The present availability of 24-hour service has arisen because:
A. flexibility was not valued 100 years ago. B. government forced banks to become more convenient. C. it was impossible to provide 24-hour service 100 years ago. D. the cost of providing 24-hour service is much lower today.