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

question 13

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' debts.

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Definitions:

Unlearn

The process of discarding or forgetting previously learned behavior, habits, or beliefs, often to make way for new learning or understanding.

Negative Attitudes

Persistent feelings of dislike or pessimism towards a person, object, or situation.

Training Sessions

Organized periods of time during which individuals are taught skills or knowledge relevant to specific goals or occupations.

Support Services

Assistance programs or organizations that provide help and support in various forms, such as counseling, financial aid, or technical support.