Which ownership and management alternative is simple to form,fully controlled by the owner,and subject to single taxation by the government?
A family-oriented Italian restaurant's strategy consists of appealing to budget-conscious individuals and families with high-quality food,quick service,clean surroundings,and a wholesome environment.This constitutes its _____.
A major disadvantage of the partnership form of ownership and management is that it _____.
A)is subject to double taxation
B)faces more government rules than other ownership forms
C)binds all partners to actions made by any individual partner acting on behalf of the firm
D)may separate ownership from management
The retail ownership form that has the greatest capacity for raising funds through the sale of stock is a _____.