Midterm exam multiple questions finance
MULTIPLE CHOICE1. The biggest disadvantage of the sole proprietorship is _________________. A. Total controlB. Double taxation C. Unlimited liability D. Limited access to capital2. All of the following are advantages to organizing as a corporation except ____. A. Limited liability B. Double taxation C. Easy access to capital D. Easy to transfer ownership3. From the perspective of access to capital, the best form of business […]
