Author Question: A general partnership avoids the problem of _________ endemic to corporations. A. disagreements ... (Read 8 times)

kodithompson · **on:** Jul 14, 2018

A general partnership avoids the problem of _________ endemic to corporations.
A. disagreements

B. unlimited liability

C. double taxation

D. withdrawal
Fill in the blank(s) with correct word

Question 2

How might a sole proprietorship have a possible tax advantage?
A) It does not have to make tax payments until the end of the year.
B) It does not have to pay federal income taxes.
C) It does not have to charge sales tax on its merchandise.
D) It does not pay special state and federal taxes that corporations pay.
E) It is subject to a form of double taxation.