The owner of a proprietorship might decide incorporate the firm ...

[nmorano1]

The owner of a proprietorship might decide incorporate the firm as a corporation in order to
 
  A) be able to conduct business in more than one county.
  B) avoid the principal-agent problem.
  C) be eligible for patent protection of new products.
  D) gain limited liability.

Question 2

An external cost is a cost of producing a good or service that is
 
  A) not paid by the producers.
  B) paid by the producers.
  C) paid by the government.
  D) paid by the consumer and the government.

[miss_1456@hotmail.com]

Answer to Question 1

D

Answer to Question 2

A

[nmorano1]

YES! Correct, THANKS for helping me on my review

[AISCAMPING]

Thanks for the timely response, appreciate it