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Question: What is a disadvantage of a corporation compared to a sole proprietorship?Options: Limited..
Question: In which business structure do owners have a direct say in management decisions?Options: C..
Question: Which form of business ownership is typically easier to transfer ownership?Options: Sole P..
Question: What is a primary benefit of forming a Limited Liability Partnership (LLP)?Options: Unlimi..
Question: Which business structure is characterized by the ability to raise capital through the sale..
Question: What is a key disadvantage of a sole proprietorship?Options: Limited liabilityUnlimited li..
Question: In which form of business ownership do two or more individuals share ownership and profits..
Question: Which form of business ownership limits the liability of its owners to their investment in..
Question: Which business structure is most suitable for a family-owned business?Options: Sole propri..
Question: What is the main purpose of forming a limited liability partnership (LLP)?Options: To avoi..
Question: Which of the following is NOT a type of business ownership?Options: Sole proprietorshipPar..
Question: What is a primary feature of a cooperative?Options: Profit maximizationMember ownershipLim..
Question: In which form of business ownership do owners have limited control over management?Options..
Question: Which business structure is typically easier to raise capital?Options: Sole proprietorship..
Question: Which form of business ownership limits the liability of its owners?Options: Sole propriet..
Question: What is a key advantage of a partnership?Options: Unlimited liabilityShared decision-makin..
Question: Which of the following is a characteristic of a sole proprietorship?Options: Limited liabi..
Question: What is a significant tax advantage of a sole proprietorship?Options: Double taxationPass-..
Question: What is a common reason entrepreneurs choose to form a corporation?Options: Simplicity of ..
Question: Which form of business ownership is characterized by a group of individuals who voluntaril..
Question: Which business structure is most suitable for raising capital through public investment?Op..
Question: What is a key characteristic of a limited liability company (LLC)?Options: Unlimited perso..
Question: Which form of business ownership provides the best protection against personal liability?O..
Question: In a partnership, what is the main disadvantage compared to a corporation?Options: Limited..
Question: Which business structure is often chosen for its flexibility in management and taxation?Op..
Question: What is a disadvantage of a corporation?Options: Limited liabilityDouble taxationEasier ac..
Question: Which form of business ownership is characterized by a single owner who has complete contr..
Question: What is a common feature of franchises?Options: Independent ownershipStandardized products..
Question: Which business ownership form is best suited for raising large amounts of capital?Options:..
Question: What is a disadvantage of a partnership?Options: Limited access to capitalShared profitsCo..