An advantage of a partnership over a proprietorship is
A) limited liability.
B) that profits are not taxed twice.
C) the ability to take advantage of greater specialization.
D) that it is easier to dissolve.
C
Economics
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The lump sum principle suggests that the tax that reduces utility the least is
a. a tax on income b. a tax on a good with many substitutes c. an equal tax per-unit on all goods d. a tax on a good with only a few substitutes
Economics
An individual who holds some of her wealth in the form of money in order to pay rent and buy groceries is illustrating the transactions demand for money
a. True b. False Indicate whether the statement is true or false
Economics