1.  Which of the following characteristics of a sole proprietorship would be considered a disadvantage?         Owner controls the business decisions.         Losses are limited to owner's investment         Easier to set up         Fewer regulations

The sole proprietorship is the form of ownership with the least ability to accumulate capital. * False O True

Business income allocations from an S corporation to its shareholders are self-employment income to the shareholders.a. Trueb. False

One of the disadvantages associated with sole proprietorships is that: raising working capital is difficult. acquiring total ownership of the business's finances is not easy. O creating a sole proprietorship is a complicated process. obtaining licenses and permits is difficult. making autonomous business decisions is difficult.

If you were to start a business, what ownership form would you choose? Wjat factors might affect your choice?

Why is it important to identify "Beneficial Owners," what is their significance of them in terms of investing in companies that have "Beneficial Owners?"

Compare the advantages and disadvantages of a sole trader with a company as a choice of business structure. In your answer, you must refer to Salomon v Salomon & CoLtd Case

How can the separate entity concept benefit the owner and the business

What are the conflicts between shareholders and managers?

Which of the following is true about this statement: "In a sole proprietorship, the owner's personal assets are at risk if the business is not successful." Is this true?   a) No, personal assets are protected by sole proprietorship laws.   b) Yes, there is no protection for personal assets with sole proprietorships.   c) No, personal assets are only at risk with corporations.   d) Yes, this is true for all forms of business.