A primary reason to open a business as a sole proprietorship instead of forming a corporation for business ownership is that:
A) finding managers is easier in a sole proprietorship.
B) it is easier to obtain bank and small business loan funding as a sole proprietorship.
C) a sole proprietorship avoids double taxation of the owner and business.
D) a sole proprietorship provides limited liability for the owner.
Question 2
How many ounces are in 1/2 pound?
a. 4
b. 6
c. 8
d. 10