An advantage of the proprietorship as a form of business organization is

A) its limited liability.
B) its limited access to capital, thus reducing the possible size of debt.
C) that it is easy to form.
D) that it can sell bonds to the public.


Answer: C

Economics

You might also like to view...

In the foreign exchange market, how does a change in the expected future U.S. exchange rate affect the demand for dollars?

What will be an ideal response?

Economics

What are some of the key economic factors that characterize countries with poor growth records?

Economics

In the long run an increase in the money supply growth rate affects

a. the inflation rate and the natural rate of unemployment. b. the inflation rate, but not the natural rate of unemployment. c. neither the inflation rate nor the natural rate of unemployment. d. the natural rate of unemployment, but not the inflation rate.

Economics

Comparative advantage leads to producing at a:

A) higher opportunity cost. B) lower opportunity cost. C) higher dollar cost. D) point where costs just begin to fall.

Economics