Which of the Following Would Be Considered an Advantage of the Sole

question 76

Multiple Choice

Which of the following would be considered an advantage of the sole proprietorship form of organization?

• A)wide access to capital markets
• B)unlimited liability
• C)a pool of expertise
• D)profits taxed at only one level

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Definitions:

NAV

Stands for Net Asset Value, which is the value per share of a mutual fund or ETF calculated by dividing the total value of all the securities in the portfolio by the number of shares outstanding.

Income Distributions

Payments made from a fund or account to investors, which can include dividends from stocks or interest from bonds.

Capital Gain Distributions

The payment of proceeds prompted by an investment fund's sale of stocks and securities, which are passed on to the fund's investors.

Pinnacle's NAV

The Net Asset Value of Pinnacle's investments, representing the total value of the entity's assets minus its liabilities.