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

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 before
preferred stockholders do.
6. The government document that grants permission to establish a corporation is called a