Exam (elaborations)
FINC 3610 Sirmans Test 1 Qs&As
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- Institution
FINC 3610 Sirmans Test 1 Qs&As Pros of Sole Proprietorship - ANS-easy startup taxed as personal income Cons of Sole Proprietorship - ANS-- Unlimited Liability - Life limited to that of owner - Equity limited to owner's wealth - Difficulty in transferring ownership Pros of General Partnership...
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