Corporate Finance Question: Download Questions PDF
List the disadvantages of proprietary firms?
Answer:
Disadvantages of Proprietary Firms:
★ Unlimited Liability
★ Limited Financial Resources
★ No Legal Status
★ Limited Capacity of Individual
★ Higher Taxes
★ Unlimited Liability
★ Limited Financial Resources
★ No Legal Status
★ Limited Capacity of Individual
★ Higher Taxes
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