Author Question: Which of the following is a major advantage of the sole proprietorship? a. separation of ownership ... (Read 60 times)

HudsonKB16

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Which of the following is a major advantage of the sole proprietorship?
 a. separation of ownership and control
  b. limited liability for business debt
  c. transferability of ownership and firm continuity over time
  d. ease of start-up
  e. ease of obtaining financing

Question 2

A major disadvantage of the corporate form of business is limited liability.
 a. True
  b. False



jesse.fleming

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Answer to Question 1

D

Answer to Question 2

B



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