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PLEASE EXPLAIN WHY IT'S THE ANSWER 9) Which of the following is not an advantage of a sole proprietorship? a) The owner receiving all the

PLEASE EXPLAIN WHY IT'S THE ANSWER

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9) Which of the following is not an advantage of a sole proprietorship? a) The owner receiving all the after-tax profit b) Limited liability c) Quick decision making d) All of the above 10) Double taxation refers to which of the following scenarios? a) Both bondholders and shareholders of a corporation must pay taxes on proceeds b) The corporation pays taxes on its earnings, and creditors pay taxes on interest c) The corporation pays taxes on its earnings, and shareholders pay taxes on d) All of the above statements are correct. received. received. dividends received. 11) In agency theory, the owners of the business are and the managers are a) Bondholders, principals b) Stockholders, bondholders c) Agents, principals d) Principals, agents

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