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An advantage of a Partnership is:
A business plan was not prepared
Standards of moral conduct that individuals & groups set for themselves, defining behavior
All of these
Illness, lack of abilities and skills, and the Owner bears all losses
Sharing in society’s problems and helping to solve them
Those to whom money is owed
Credit position improved AND Less tax burden than corporations
Owner receives all the profits
A characteristic of an entrepreneur is:
A business plan was not prepared
Standards of moral conduct that individuals & groups set for themselves, defining behavior
All of these
Illness, lack of abilities and skills, and the Owner bears all losses
Sharing in society’s problems and helping to solve them
Those to whom money is owed
Credit position improved AND Less tax burden than corporations
Owner receives all the profits
A creditor is:
A business plan was not prepared
Standards of moral conduct that individuals & groups set for themselves, defining behavior
All of these
Illness, lack of abilities and skills, and the Owner bears all losses
Sharing in society’s problems and helping to solve them
Those to whom money is owed
Credit position improved AND Less tax burden than corporations
Owner receives all the profits
An advantage of Proprietorships is:
A business plan was not prepared
Standards of moral conduct that individuals & groups set for themselves, defining behavior
All of these
Illness, lack of abilities and skills, and the Owner bears all losses
Sharing in society’s problems and helping to solve them
Those to whom money is owed
Credit position improved AND Less tax burden than corporations
Owner receives all the profits
Social responsibility means:
A business plan was not prepared
Standards of moral conduct that individuals & groups set for themselves, defining behavior
All of these
Illness, lack of abilities and skills, and the Owner bears all losses
Sharing in society’s problems and helping to solve them
Those to whom money is owed
Credit position improved AND Less tax burden than corporations
Owner receives all the profits
Ethics is:
A business plan was not prepared
Standards of moral conduct that individuals & groups set for themselves, defining behavior
All of these
Illness, lack of abilities and skills, and the Owner bears all losses
Sharing in society’s problems and helping to solve them
Those to whom money is owed
Credit position improved AND Less tax burden than corporations
Owner receives all the profits
One reason a business may fail is:
A business plan was not prepared
Standards of moral conduct that individuals & groups set for themselves, defining behavior
All of these
Illness, lack of abilities and skills, and the Owner bears all losses
Sharing in society’s problems and helping to solve them
Those to whom money is owed
Credit position improved AND Less tax burden than corporations
Owner receives all the profits
A disadvantage of a Proprietorship is:
A business plan was not prepared
Standards of moral conduct that individuals & groups set for themselves, defining behavior
All of these
Illness, lack of abilities and skills, and the Owner bears all losses
Sharing in society’s problems and helping to solve them
Those to whom money is owed
Credit position improved AND Less tax burden than corporations
Owner receives all the profits
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