Which of the following is an advantage of a sole trader as a form of business organisation? Select one: a. The life of the business is limited to the life of the owner. b. It is relatively easy and inexpensive to set up. c. The owner is not liable for the debts of the business. d. Large amounts of capital can be raised from non-controlling investors
Which of the following is an advantage of a sole trader as a form of business organisation? Select one: a. The life of the business is limited to the life of the owner. b. It is relatively easy and inexpensive to set up. c. The owner is not liable for the debts of the business. d. Large amounts of capital can be raised from non-controlling investors
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Which of the following is an advantage of a sole trader as a form of business organisation?
Select one:
a.
The life of the business is limited to the life of the owner.
b.
It is relatively easy and inexpensive to set up.
c.
The owner is not liable for the debts of the business.
d.
Large amounts of capital can be raised from non-controlling investors.
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