Chapterone:

Chapter $1$ Assignment Name and #: $q,$

CB$340$

Which business structure offers its owners limited liability protection?

$($a$)$ Sole proprietorship

b$)$ Partnership

c$)$ Corporation

d$)$ Cooperative

In a sole proprietorship, how are business profits taxed?

a$)$ Taxed at the corporate rate

$(6)$ Taxed at the owner's personal income tax rate

c$)$ Exempt from taxation

d$)$ Taxed at the partnership tax rate

Explain the purpose of the primary debt market.

Describe the key difference between the primary and secondary equ Canada.