Course Hero Logo

BUS_110_Chapter_4_Michele_Goodson.docx - Michele Goodson...

Course Hero uses AI to attempt to automatically extract content from documents to surface to you and others so you can study better, e.g., in search results, to enrich docs, and more. This preview shows page 1 - 2 out of 2 pages.

Michele GoodsonProfessor M. EldridgeBUS-110-FJT02February 19, 2012Chapter 4 Check your progress1.)Name five advantages of sole proprietorship. The advantages is:Ease in financial cost ofbusiness formation, does not have to publicly disclose his/her operation plans, they don’t haveto share sales with shareholders or stockholders, has complete control over all businesstransactions and decisions, has no government regulations just taxation, and to close business aprivately owned business is easy because there is only one individual to answer to, the owner.2.)

Upload your study docs or become a

Course Hero member to access this document

End of preview. Want to read all 2 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Spring
Professor
N/A
Tags
Business Law, Corporation, Types of companies, public corporation

Newly uploaded documents

Show More

Newly uploaded documents

Show More

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture