An Overview of Financial Management and the Financial Environment: Interest Rates Companies raise capital in two main ways: debt and equity. In a free economy, capital is allocated through the market system. The -Select vis the price that lenders receive and borrowers pay for debt. There is no single "price(s)" on different types of debt. "Price(s)" vary depend(s) on the borrower's risk, the use of funds borrowed, the collateral used to back the loan, and the length of time the funds are needed. Businesses can be classified into the following forms: a sole proprietorship, a partnership, a corporation, a limited liability company (LLC), and a limited liability partnership (LLP). Different forms of businesses have different characteristics. Which of the following characteristics would apply to a sole proprietorship? Check all that apply. Has unlimited life Can easily raise large amounts of capital Less regulated Subject to lower income taxes Owned by single individual Subject to unlimited personal liability