1.Which of the following is an advantage of a sole proprietorship?

A. Easy to get startup capital
B. Shared decision-making
C. Little government regulation
D. Limited Liability

2.which of the following is a disadvantage of partnerships?

A. Heavy government regulation
B.Unlimited liability
C.Ability to make decisions on your own
D. Double taxation

3.which of the following is NOT a characteristic of corporations?

A. Easy to raise financial capital
B. double taxation
C. Heavily regulated by the government
D. Unlimited liability

4. Who does the day-to-day running of corporations?

A. Stockholders
B. Owners
C.Executives hired by elected Broad of Directors
D. Elected Board of Directors

1 answer

1. C. Little government regulation
2. B. Unlimited liability
3. D. Unlimited liability
4. C.Executives hired by elected Board of Directors