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Author Question: Which of the following statements best describes firm organization? (Read 17 times)

haydenjmcm

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on: Aug 7, 2023
Which of the following statements best describes firm organization?

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One advantage of forming a corporation is that equity investors are usually exposed to less liability than in a regular partnership and sole proprietorship. 


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One disadvantage of operating a business as a sole proprietorship is that the firm is subject to double taxation, at both the firm level and the owner level.


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Itisgenerally more expensivetoform apartnershipthan a corporation because apartnershiprequires extensive legal documents.


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Inalimitedpartnership, the limited partners and general partners are liableonlyforthe amount oftheirinvestment in thepartnership.

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by haydenjmcm on Aug 7, 2023

heathercab

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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haydenjmcm

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Reply 2 on: Aug 7, 2023
YES! Correct, THANKS for helping me on my review

Chelseyj.hasty

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Reply 3 on: Yesterday
Excellent

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