What are disadvantages of proprietorship and partnership (mark all that applies) difficulty in raising capital funds sometimes personal tax rates are better than corporate tax rates less regulation the owners are also the managers simpler difficulty in transferring ownership limited life unlimited liability
What are disadvantages of proprietorship and partnership (mark all that applies) difficulty in raising capital funds sometimes personal tax rates are better than corporate tax rates less regulation the owners are also the managers simpler difficulty in transferring ownership limited life unlimited liability
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Transcribed Image Text:What are disadvantages of proprietorship and partnership (mark all that applies)
difficulty in raising capital funds
ооооооо
sometimes personal tax rates are better than corporate tax rates
less regulation
the owners are also the managers
simpler
difficulty in transferring ownership
limited life
✔ unlimited liability
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