Unit 3 Exam IOA: The main advantage to a corporation Unit 3
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1. The main advantage to a corporation is… A) ease of entry B) limited liability for the owners C) dividends all go to one person D) owners share managerial duty E) all of the above 2. The mai... n advantage to a sole proprietorship is… A) ease of entry B) financial capital is easy to obtain C) owners need little expertise in the day to day business D) limited liability for the owner E) all of the above 3. The main disadvantage to a sole proprietorship is… A) profits must be shared B) difficult and expensive to open C) unlimited liability [Show More]
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