It is a disadvantage of ________ that retained profits are taxed twice. It is a disadvantage of ________ that bad decisions are not checked by the need for consensus.
A) a sole proprietorship; both a partnership and a sole proprietorship
B) a corporation; a sole proprietorship
C) both a partnership and a sole proprietorship; a partnership
D) a corporation; both a partnership and a sole proprietorship
E) both a corporation and a partnership; a sole proprietorship
Correct Answer:
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Q43: A sole proprietorship
A)dies with the owner.
B)is the
Q44: Mr. Brown opens his restaurant as a
Q45: The possibility that an employee may not
Q46: The principal-agent problem exists when
A)there is no
Q47: Typical examples of a partnership would include
Q49: Federal Express enters into contracts with independent
Q50: Susan invests $1,000 to buy shares of
Q51: Firms organize production by using
A)command systems only.
B)incentive
Q52: The profits of a sole proprietorship are
A)taxed
Q53: Which one of the following is an
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