A.criticalB.obviousC.awkwardD.visible
A. critical
B. obvious
C. awkward
D. visible
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Which of the following is not true about the sole proprietorship?
A. It has more than one boss.
B. It is usually a small service or retail operation.
C. It is a business owned and managed by one person.
D. It is a company.
A.associated withB.depending onC.belonged toD.assisted by
A. associated with
B. depending on
C. belonged to
D. assisted by
The advantages of a partnership include the following except
A. unlimited liability, investment withdrawal difficulty, more capital.
B. unlimited liability, tax advantages and combined managerial skills.
C. disagreements among partners, investment withdrawal difficulty and limited liability.
D. unlimited liability, limited capital and disagreements among partners.
The advantages of the sole proprietorship include the following except
A. being their own boss, easy to close a business and demanding on time
B. having all profits and losses, being their own boss and easy to start a business
C. easy to start a business, easy to close a business
D. paying no income tax