How do a sole proprietorship and a corporation, Ask an Expert

Economics

How do a sole proprietorship and a corporation differ?

A) Proprietorships have unlimited liability while corporations have a limited liability.

B) Corporations can issue stocks and bonds, while proprietorships cannot.

C) Corporations face more taxes than do proprietorships

D) All of these are differences between the two types of businesses.

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M968010

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