Two Key Advantages to Proprietorship Are That,as a Business,it Pays

question 49

True/False

Two key advantages to proprietorship are that,as a business,it pays no corporate income tax and is easily and inexpensively formed.

---

Definitions:

Trespasser

An individual who enters someone's property without permission or legal right.

Electric Meter

A device that measures the amount of electrical energy consumed by a residence, business, or an electrically powered device.

Private Property

Land or belongings owned by individuals or corporations and not by the government or public entities.

Trespass to Land

The entry onto, above, or below the surface of land owned by another without the owner’s permission.