The owner of a sole proprietorship has limited liability, while stockholders of corporations have unlimited liability
a. True
b. False
Indicate whether the statement is true or false
False
Economics
You might also like to view...
In 1939 the U.S. economy was operating at point ________.
A. A
B. B
C. C
D. D
Economics
The table above shows sales of the firms in the pet food industry. The four-firm concentration ratio in the industry is
A) 59 percent. B) 80 percent. C) 70 percent. D) 40 percent.
Economics
Why is efficiency desirable?
A) It results in an equal distribution of income. B) It results in zero unemployment. C) It makes best use of the finite resources we have. D) It is the most politically popular solution.
Economics
If the labor force of a country is 100 million, of which 80 million are employed, then the number of unemployed people is 30 million
a. True b. False Indicate whether the statement is true or false
Economics