Author Question: An emerging industry is one that is characterized by a large number of firms of approximately equal ... (Read 74 times)

Coya19@aol.com · **on:** Jul 6, 2018

An emerging industry is one that is characterized by a large number of firms of approximately equal size.

Indicate whether the statement is true or false

Question 2

Which of the following statements is incorrect regarding sole proprietorships?

A) There is one owner.
B) Sole proprietor is in full control.
C) Business ends at the owner's death or loss of interest in the business.
D) Liquidity of the investment is high.
E) Money must be raised by the sole proprietor.