Which of the Following Is an Advantage to Operating a Business

question 7

Multiple Choice

Which of the following is an advantage to operating a business as a sole proprietorship?

• A) right to receive all of the business's profits
• B) unlimited access to the capital market
• C) limited liability
• D) exemption from tax

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Definitions:

Revolutionary War

The conflict between the Thirteen American colonies and British government (1775-1783), leading to American independence.

Barbecues

A cooking method, and the apparatus used for it, involving direct heat and smoke to cook food, often outdoors.

Spanish Word

A term or expression that is part of the Spanish language, which is spoken in Spain and much of Latin America.

Framework

A framework is a basic structure underlying a system, concept, or text, providing a guide for its construction or understanding.