When Compared to Other Forms of Organization, an Individual Proprietorship

question 120

Multiple Choice

When compared to other forms of organization, an individual proprietorship has the advantage of (i) limited liability; (ii) lower taxes.

• A) i and ii
• B) i not ii
• C) ii not i
• D) neither i nor ii

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Definitions:

Detecting And Deterring

The processes and strategies designed to discover and prevent undesirable actions or behaviors, particularly in the context of law enforcement and security.

Reporting Misconduct

The act of informing authorities or governing bodies about inappropriate or illegal actions.

Inside An Organization

Pertaining to activities, behaviors, or dynamics that occur within the confines or structure of a particular group or company.

Internal

Pertaining to or situated within something.