How Do a Sole Proprietorship and a Corporation Differ

question 34

Multiple Choice

How do a sole proprietorship and a corporation differ?

• A)Proprietorships have unlimited liability while corporations have limited liability.
• B)Corporations can issue stocks and bonds, while proprietorships cannot.
• C)Corporations face more taxes than do proprietorships.
• D)All of these are differences between the two types of businesses.

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Definitions:

Hospice Movement

A response to fears related to the dying process and the institutionalized ways in which death is typically handled in institutional settings.

Elizabeth Kubler-Ross

A Swiss-American psychiatrist known for her pioneering work on the five stages of grief and dying.

Cicely Saunders

A pioneering physician and nurse recognized for founding the modern hospice movement which focused on palliative care for the terminally ill.

Degenerative

Pertaining to a process in which something, especially tissues or organs, deteriorates over time, often leading to a decrease in function or health.