1 the difficulty of selling ones investment in a publicly, Ask an Expert

Management Studies

1. The difficulty of selling one's investment in a publicly held corporation is one of the major disadvantages of the corporate form.

True or False

2. "A partnership can be changed to a corporation later, when profits are assured"

True or False

3. A limited liability partnership (LLP) pays income taxes.

True or False

4. The _____ form of business organization most limits personal liability for its shareholders

sole proprietorship

cooperative society

corporation

general partnership

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Operation Management, Management Studies

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