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.
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.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Everything else equal, including firm size, dollar sales, type of product sold, and so forth, the primary difference between proprietorship and
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.
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