Two Disadvantages of a Proprietorship Are (1) the Relative Difficulty

question 52

True/False

Two disadvantages of a proprietorship are (1) the relative difficulty of raising new capital and (2) the owner's unlimited personal liability for the business's debts.

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Locating Heirs

The process of identifying and locating individuals who are entitled to inherit from the estate of a deceased person under the laws of intestacy or a will.

Copyright Law

The branch of intellectual property law that protects original works of authorship, such as books, music, and art.

Literary Works

Written creations that are considered artistic or creative in nature, such as novels, poems, plays, and essays.

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Intellectual property category that includes creations of the mind such as paintings, sculptures, and literary works.