Author Question: One of the advantages of a sole proprietorship is: A) limited liability for its owners. B) ... (Read 94 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?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

For a complete list of videos, visit our video library