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