Everything else equal, including firm size, dollar sales, type of product sold, and so forth, the primary difference between proprietorship and partnership business forms is that _____.?
A. ?a partnership has more owners than a proprietorship
B. ?the combined personal liability associated with a partnership is significantly less than the combined personal liability associated with a proprietorship
C. ?a partnership is generally easier to form than a proprietorship
D. ?the annual growth rate of a proprietorship is limited by law, whereas the growth rate of a partnership is always potentially unlimited
E. ?many more businesses are formed as partnerships than proprietorships
Answer: A
You might also like to view...
Tirzah, an OD consultant, is working with members of with a cross-functional team to help them build cohesiveness and practice skills to function better as a team. Tirzah is conducting the ______ stage of OD.
A. intervention B. diagnosis C. evaluation D. changing E. adaptation
Which of the following measures the average length of stay at a website?
A. loyalty B. stickiness C. page views D. retention rate
James listens to followers openly and does not criticize their ideas. He is demonstrating which of the following of the behaviors of transformational leaders?
A. inspirational motivation B. intellectual stimulation C. individualized consideration D. idealized influence
The ratio Cost of goods sold/Revenue indicates how efficiently a company can
A. advertise a good. B. design a good. C. produce a good. D. sell a good.