each answer used once at least

16 pts D Question 1 Match each of the following descriptions with the appropriate type of business and identify whether it is an advantage or disadvantage for that type of business. [Each answer will be used exactly ONE time.) Simple to form; Single taxation; Total contr [ Choose) of and authority over how business is run Disadvantage(s) of a corporation Advantage(s) of a sole proprietorship Unlimited liability personally Disadvantage(s) of a sole proprietorship Disadvantage(s) of a partnership Advantage(s) of a corporation Fairly easy to form: Each could have a say Advantage(s) of a LLC how business is run: Single taxation Advantage(s) of a partnership Disadvantage(s) of a LLC Liable for each other's actions & each can bind the company [Choose) Liability limited to what invested in the company Choose Costly to form: Costly to run: Double taxation Choose I Choose Liability limited to what invested in the company; Single taxation Can be costly to form; Can be complicated to manage [Choose Lite