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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