Question: Advantage or Disadvantage a . Most complex to organize b . Owner ( s ) have personal responsibility for the debt of the organization c
Advantage or Disadvantage
a Most complex to organize
b Owners have personal responsibility for the debt of the organization
c Access to the individual skills of each of the owners
d Limited personal liability for the debt of the organization
e Easier to raise large amounts of capital
f The greatest percentage of businesses are organized in this manner
g Owners generally pay higher taxes than owners of other forms of business organizations
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