A company has which of these sets of characteristics?
A) Difficulty raising funds, owners have full control.
B) Owners have shared control and unlimited liability.
C) Separate legal entity and owners have limited liability.
D) Simple to set up and mutual agency.
Correct Answer:
Verified
Q2: What is the most likely business structure
Q3: 'For-profit' business structures differ in terms of:
A)
Q4: A sole trader business owner:
A) is personally
Q5: The focus of business entities is either:
A)
Q6: If the partnership agreement does not contain
Q7: Which of the following characteristics of a
Q8: Which of the following does not apply
Q9: An advantage of operating as a sole
Q10: A partnership has the following characteristics:
A) easy
Q11: A disadvantage of a partnership is that
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