Chapter 9 - Entrepreneurs and Business Organizations
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What is the role of silent partners in a limited partnership
They contribute capital but are not involved in day-to-day operations
Which statement is true of all entrepreneurs
They take a risk.
One advantage of a partnership over a soul proprietorship is that a partnership
can get credit more easily
Which of these is a disadvantage of turning a partnership into a corporation
loss of control
Which form of business organization is most common
sole proprietorship