1. Which of the following statements is true? A. An advantage to a sole proprietorship is...
1. Which of the following statements is true?
A. An advantage to a sole proprietorship is the benefit from specialization.
B. A disadvantage to a corporation is that individual investors have unlimited liability.
C. A disadvantage to a sole proprietorship is that you must file corporate income tax.
D. An advantage to a corporation is that it has unlimited life.
2. What is the primary goal of a corporation?
A. Minimizing the market price.
B. Maximizing current earnings per share.
C. Maximizing shareholder value.
D. Minimizing the triple bottom line.
Homework Answers
1.
D. An advantage to a corporation is that it has unlimited life.
2.
C. Maximizing shareholder value.
Add Answer to:
1. Which of the following statements is true?
A. An advantage to a sole proprietorship is...
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Which one of the following statements is true? a. A sole proprietor has limited liability. b....
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