Which of the following is a disadvantage of a sole proprietorship? Multiple Choice Entrenched management Double...
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...
Which one of the following statements is true? a. A sole proprietor has limited liability. b. A disadvantage of a sole proprietorship is double taxation. c. In a general partnership, partners face limited liability d. A disadvantage of a corporation is that complex management structure lead to slower and expensive decision-making. Which of the following is not a institutional shareholder of a corporation? a. Individual person. b. Corporation. c. Securities companies. d. Financial intermediary.
which if the following is a disadvantage of operating as a sole proprietorship?
Which of the following is a characteristic of a sole proprietorship? It can sell ownership shares to the public It provides limited liability for its owners It subjects its owners to double taxation It is the easiest form of business to begin
Question 3 of 75. Which of the following is a disadvantage of operating as a sole proprietorship? O Sole proprietorships have complex legal and accounting requirements. The owner of a sole proprietorship generally carries unlimited liability for the debts and liabilities of the business O A sole proprietorship has limited flexibility in choosing a tax year. O A sole proprietorship may only use the accrual method of accounting.
1)Which one of the following is a correct statement concerning a sole proprietorship? Select one: A. It may be difficult to transfer the ownership of a sole proprietorship. B. A sole proprietorship is relatively difficult to form. C. The losses incurred by a sole proprietor are limited to the amount invested in the firm. D. The profits earned by a sole proprietorship are subject to double taxation. E. A sole proprietorship is more highly regulated than a corporation.
A sole proprietorship: Multiple Choice can generally raise significant capital from non-owner sources. involves significant legal costs during the formation process. provides limited financial liability for its owner has its profits taxed as personal income. has an unlimited life.
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....
Which of the following is a disadvantage of sole proprietor ownership? Ease and low cost of formation Freedom from government regulation All profits to the owner Unlimited liability Ease of dissolution
Key questions Summarize the differences between the basic business forms listed below: Sole Proprietorship Partnership Corporation Regulation Taxation Liability Continuity Transferability of Ownership Management Structure Ability to Rose Capital Presentation English United States Continuity Transferability of Ownership Management Structure Ability to Raise Capital Presentation of Equity in the Financial Statements