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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

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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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
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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