Which one of the following statements correctly applies to a sole proprietorship?-The business entity has an unlimited life.-The ownership can easily be transferred to another individual.-The owner enjoys limited liability for the firm's debts.-Debt financing is easy to arrange in the firm's name.-Obtaining additional equity is dependent on the owner's personal finances.
+3
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which one of the following statements correctly applies to a sole proprietorship?-The business entity has an unlimited life.-The ownership ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » Which one of the following statements correctly applies to a sole proprietorship?-The business entity has an unlimited life.-The ownership can easily be transferred to another individual.-The owner enjoys limited liability for the firm's debts.