This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: One disadvantage of a sole proprietorship as a form of business organization is that a. sole ... (Read 88 times)

pragya sharda

  • Hero Member
  • *****
  • Posts: 566
on: Jul 1, 2018
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
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

D


pragya sharda

  • Member
  • Posts: 566
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

laurnthompson

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Organization of the vertebrate nervous system. Organization of the vertebrate nervous system.
DNA molecules replicate to form identical chromatids DNA molecules replicate to form identical chromatids
The skimmers or perchers and their relatives form the Libellulidae, the largest dragonfly family in The skimmers or perchers and their relatives form the Libellulidae, the largest dragonfly family in
Biology Is Studied at Many Levels of Organization (Part 2) Biology Is Studied at Many Levels of Organization (Part 2)
Legal Environment of Business: Online Commerce, Ethics, and Global Issues (Cheeseman) Legal Environment of Business: Online Commerce, Ethics, and Global Issues (Cheeseman)
Organization of the Adh locus of Drosophila melanogaster Organization of the Adh locus of Drosophila melanogaster
Video: Chromosome structural organization/ Mechanisms for chromosome movement Animation

For a complete list of videos, visit our video library