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Which of the following is a disadvantage of a sole proprietorship? Multiple choice question. The business income is double - taxed. The amount of equity
Which of the following is a disadvantage of a sole proprietorship?
Multiple choice question.
The business income is doubletaxed.
The amount of equity that can be raised is limited to the proprietors personal wealth.
A sole proprietorship is regulated in the same way a corporation is regulated.
The lenders of a sole proprietorship often view the limited liability of the owner as a disadvantage in recovering loan.
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