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Fundamentals of Business > Chapter 5 - How to Form a Business > Flashcards

Chapter 5 - How to Form a Business Flashcards

1
Q

Most people who start businesses in the US are sole proprietors. What are the advantages and disadvantages of sole proprietorships?

A

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2
Q

Why would unlimited liability be considered a major drawback to sole proprietorships?

A

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Fundamentals of Business (5 decks)

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