Author Question: One of the advantages of a sole proprietorship is: A) limited liability for its owners. B) ... (Read 76 times)

krzymel

  • Hero Member
  • *****
  • Posts: 548
One of the advantages of a sole proprietorship is:
 
  A) limited liability for its owners.
  B) double taxation for its owners.
  C) complexity of transferring ownership.
  D) no significant legal requirements for starting the business.

Question 2

Overdue bills are noncurrent liabilities.
 
  Indicate whether the statement is true or false



emilymalinowski12

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

D

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

For a complete list of videos, visit our video library