Which of the Following Is an Advantage of a Sole

question 75

Multiple Choice

Which of the following is an advantage of a sole proprietorship over other business forms?

• A) low tax rates on dividends
• B) tax- exempt treatment of fringe benefits
• C) the deduction for compensation paid to the owner
• D) ease of formation

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Definitions:

Not (p And Q)

A logical operation that negates the conjunction of two propositions; true only when either P is false, Q is false, or both are false.

Compound Proposition

A statement formed by combining two or more propositions with a logical operator, such as "and," "or," or "not."

Contrapositions

Logical relationships between statements where the antecedent of one is the negation of the consequent of the other, and vice versa.

Contraries

Concepts, assertions, or items that are opposite in nature, characteristics, or meaning.