Type of Proprietorship, Partnership, or Corporation
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Indicate in the space by letter whether each statement below applies to a sole proprietorship (S), partnership (P), or corporation (C). More than one answer may be appropriate.
a. Shared control.
b. Easy to transfer ownership.
c. No personal liability.
d. Tax advantage.
e. Easier to raise funds.
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Solution Summary
This solution identifies if shared control, easy to transfer ownership, no personal liability, tax advantage and easier to raise funds are sole proprietorship, partnership of corporation.
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Indicate in the space by letter whether each statement below applies to a sole proprietorship (S), partnership (P), or corporation (C). More than one answer may be appropriate.
a. ...
Purchase this Solution
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