The most significant difference between a partnership and a sole proprietor is the ________.
A) amount of liability of owners
B) taxation process used by owners
C) number of government forms required for establishment
D) number of people contributing resources
E) revenue potential
Correct Answer:
Verified
Q8: Unlimited liability with respect to business ownership
Q9: All of the following are advantages of
Q10: All of the following EXCEPT _ would
Q11: A partner who invests money in a
Q12: One disadvantage of sole proprietorship is the
Q14: Policies regarding all of the following points
Q15: It's important for partners to spell out
Q16: In a partnership,all profits and losses flow
Q17: A sole proprietor's income and expenses flow
Q18: Jaden and Noel are starting a computer
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