Which of the Following Is NOT a Disadvantage of a Proprietorship

question 394

Multiple Choice

Which of the following is NOT a disadvantage of a proprietorship?

• A) how profits are taxed
• B) ability to raise capital
• C) unlimited liability
• D) the disposition of the firm when the owner dies

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Definitions:

Empirical Research

A way of gaining knowledge by means of direct and indirect observation or experience.

Happiness

A state of well-being and contentment characterized by positive emotions ranging from joy to intense pleasure.

Common-Sense

Pertains to sound practical judgment concerning everyday matters or a basic ability to perceive, understand, and judge things shared by nearly all people.

Belongingness Hypothesis

The theory suggesting that humans have an innate need to form and maintain strong, stable interpersonal relationships.