One advantage of a proprietorship is that
A) it is relatively easy to raise financial capital for a proprietorship.
B) a proprietorship is relatively easy to form and to dissolve.
C) there are limits to the possible liabilities of the owner.
D) depreciation rates on capital are higher.
B
You might also like to view...
Some economists argue that free trade is beneficial regardless of the actions of a country's trading partners, including trading partners that heavily protect their home markets
Indicate whether the statement is true or false
An increase in autonomous investment ________
A) increases equilibrium output at any interest rate B) causes a movement down along the IS curve C) shifts the IS curve to the left D) all of the above E) none of the above
Which of the following is used to measure the value of goods and services for GDP?
a. bushels b. centimeters c. dollars d. tons
The World Bank specializes in making loans to promote
A. short-term assistance when a nation experiences a financial crisis. B. financial stability. C. so-called stand-by arrangements and credits. D. long-term economic development.