Two Disadvantages of a Proprietorship Are (1) the Relative Difficulty

question 13

True/False

Two disadvantages of a proprietorship are (1) the relative difficulty of raising new capital and (2) the owner's unlimited personal liability for the business' debts.

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Definitions:

Brief Stories

Short narratives or accounts of incidents or events, often used to illustrate a point or entertain.

Mock Interviews

Practice interviews conducted as a training exercise to prepare an individual for the actual interview process, helping to improve confidence and performance.

Performance Evaluation

The process of assessing an individual's job performance based on established criteria.

Mobile Phone Calls

Telephone calls made using mobile devices, allowing for communication without the need for fixed lines.