5
QuizMultiple Choice

Entrepreneurship

Question 5 • 26-27 Ignite Economics-KY-Economics

Which can be considered disadvantages of sole proprietorships and partnerships?

Answer
A
Partnerships require many people to write a charter, while sole proprietorships require one person to write a charter.
B
Sole proprietorships require one person to know complicated tax laws, while partnerships require many people to know the rules.
C
Partnerships require one person to do many things, while sole proprietorships require many people to weigh in on decisions.
D
Sole proprietorships require one person to do many things, while partnerships require many people to weigh in on decisions.
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