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28 Jan 2018

3) The features of a sole proprietorship include all the following except: a) b) limited resources limited liability easy to dissolve unlimited liabilities simple to form

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Related questions

17) Your friend Paul is considering starting a web-page development business. He asks you about the features of sole proprietorship, as a form of business organisation. In discussing the costs and benefits you should tell Paul about all of the following except: a) b) It may be difficult for a sole proprietorship to obtain a bank loan As a sole proprietor, Paul should be concerned about unlimited liability As a sole proprietor, it may be difficult for Paul to close down his business As a sole proprietor, Paul must deal with limited managerial and financial resources d)

31) A general partnership has advantages which are similar to a sole proprietorship, such as: a) b) providing for continuity limiting owner's liability being dependent upon resources of an individual easy to transfer ownership being simple to organize e)

26) A general partnership has advantages which are similar to a sole proprietorship, such as: providing for continuity limiting owner's liability being dependent upon resources of an individual easy to transfer ownership being simple to organize e)

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