The easiest type of business to start is a sole proprietorship.docx

This preview shows page 1 out of 1 page.

1.The easiest type of business to start is a sole proprietorship.
2.Unlimited liability is one of the main advantages of a sole proprietorship.
3.Partnerships are the most numerous form of business organization in the United States.
4.Corporations have most of the rights of an individual according to the law
5.If a corporation goes out of business, common stockholders get their investment back beforepreferred stockholders do.
6.The government document that grants permission to establish a corporation is called a
End of preview. Want to read the entire page?

Upload your study docs or become a

Course Hero member to access this document

Term
Summer
Professor
Murphy
Tags
Business Law, Corporation, following phrases, government document

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture