This topic contains a solution. Click here to go to the answer

Author Question: One disadvantage of a sole proprietorship as a form of business organization is that a. sole ... (Read 140 times)

pragya sharda

  • Hero Member
  • *****
  • Posts: 566
One disadvantage of a sole proprietorship as a form of business organization is that
 a. sole proprietorships cannot lower the transaction costs associated with contracting with resource owners
  b. sole proprietorships are less efficient than corporations, because they are less specialized in production
  c. owners of sole proprietorships can lose all their personal assets if the business is sued or fails
  d. owners of sole proprietorships generally find it difficult to negotiate separation agreements with the other partners in the firm
  e. owners of sole proprietorships generally have very little control over how they operate their businesses

Question 2

Which of the following is an advantage of a sole proprietorship?
 a. the ability to pool resources
  b. limited liability
  c. double tax exemption of the firm's earnings
  d. ease of organization
  e. ease of raising funds



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

BUTTHOL369

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

C

Answer to Question 2

D




pragya sharda

  • Member
  • Posts: 566
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)


gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Cyanide works by making the human body unable to use oxygen.

For a complete list of videos, visit our video library