Sole Proprietorships Have All of the Following Advantages EXCEPT ______

question 117

Multiple Choice

Sole proprietorships have all of the following advantages EXCEPT ______.

• A) ease of formation
• B) unlimited life
• C) ease of liquidation
• D) profits subject only to a single tax

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Definitions:

Healthcare Provider

A term for health professionals who offer services that improve, maintain, or treat people's health conditions.

Password

A secret word or phrase used to verify the identity of a user, granting access to a computer system or service.

Combination

A specific arrangement or mix of different elements, items, or ingredients, often resulting in a unique outcome or solution.

Informatics

The study and practice of creating, storing, finding, manipulating and sharing information.