Which of the Following Is Not a Limitation of the Proprietorship

question 48

Multiple Choice

Which of the following is not a limitation of the proprietorship form of business?

• A) Unlimited personal liability
• B) Difficulty raising capital
• C) Double taxation
• D) Difficulty in transferring ownership
• E) Limited life

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Definitions:

Strengths And Limitations

The positive attributes and weaknesses or restrictions inherent to a person, system, or method.

Education

A process of facilitating learning, acquiring knowledge, skills, values, beliefs, and habits through various methods such as teaching, training, storytelling, discussion, and directed research.

Bowles And Gintis

Economists and scholars known for their work on the relationship between education and the economy, particularly the "correspondence principle" which suggests that the structure and values of the educational system reflect those of the labor market.

Conflict Theory

A sociological perspective that views social life as a competition, highlighting the struggles between groups for limited resources.