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Which of the following is correct about advantages and disadvantages of business forms? Advantages of proprietorships are limited liability and transferable ownership. Disadvantages of partnerships
Which of the following is correct about advantages and disadvantages of business forms? Advantages of proprietorships are limited liability and transferable ownership. Disadvantages of partnerships are unlimited liability and double taxation. Advantages of public companies are agency problems and double taxation. Disadvantages of public companies are higher tax and stricter regulation All of the followings serve as a channel for corporations to raise long-term funds, except: Capital market Primary market Money market Long-term debt market
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