The Main Disadvantage to Organizing a Business as a Proprietorship

question 368

Multiple Choice

The main disadvantage to organizing a business as a proprietorship is

• A) its complex management structure.
• B) limited liability.
• C) unlimited liability.
• D) that economic profit cannot be maximized.

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Definitions:

Neurons

Specialized cells that transmit nerve impulses; the fundamental units of the brain and nervous system.

Formed Throughout Life

This term refers to the continuous development, adaptation, or formation of structures, behaviors, or knowledge over an individual's lifetime.

Intracellular Fluid

Intracellular Fluid is the liquid found inside the cells, constituting about two-thirds of the total body water and playing a crucial role in maintaining cellular function.

Cerebrospinal Fluid

Cerebrospinal fluid is a clear, colorless body fluid found in the brain and spinal cord, which acts as a cushion and provides a vital function in cerebral autoregulation.