All of the Following Are Advantages for Choosing a Proprietorship

question 85

Multiple Choice

All of the following are advantages for choosing a proprietorship for a business except

• A)a proprietorship is a simple form of business to set up.
• B)a proprietorship gives the owner control of the business.
• C)proprietorship receive more favorable tax treatment.
• D)transfer of ownership is easily achieved through stock sales.

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Definitions:

Slice of Pizza

A triangular portion of a pizza pie, often sold individually as a quick meal or snack option.

Marginal Decision Making

The process of evaluating the benefits and costs of small (or marginal) adjustments to an existing course of action.

Economic Concept

A theoretical construct that represents ideas or theories within economics to explain various aspects of the economy, such as supply and demand, inflation, or growth.

Marginal Analysis

A method used in economics and decision-making that examines the costs and benefits of making small (marginal) adjustments to the quantity of a good or service.