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Which of the following is a major disadvantage of a sole proprietorship? Select the best choice below.) O A. Expensive to setup. O B. Agency problems. C. Joint liability. O D. Unlimited liability
Homework: Chapter 1 End of Chapt Score: 0 of 1 pt Problem 1.LO4.25 (static) Who is responsible for hiring senior management and setting their compensation? Select the best choice below.) O A. Shareholders OB. CEO. O C. Board of Directors. O D. President. Click to select your answer and then click Chack Answer All parts showing
oblem 1.LO5.27 (static) Market A, widgets are selling for $10.In Market 8, identical widgets are selling for $11. Recognizing the price diference Select the best choice below.) you buy widgets from Market A and sel them in Market B. This is O A. Efficient markets O B. Information asymmetry. O C. Law of one price O D. Arbitrage.
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Answer 1) Correct answer is option D. Unlimited liability

Sole proprietorship is exposed to unlimited risk .

Answer 2) Correct answer is option C. Board of director

Board of director are responsible for hiring and setting up senior management compensation

Answer 3) Correct answer is option D. Arbitrage

This is example of arbitrage opportunity .

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