What are the main advantages of: (a) Proprietorships, (b) Partnerships, and (c) Limited liability companies?

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What are the main advantages of:
(a) Proprietorships,
(b) Partnerships, and
(c) Limited liability companies?

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Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Question Posted: Aug 28, 2011 10:18 AM

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What are the main advantages of: (a) Proprietorships, (b) Partnerships, and (c) Limited liability companies?

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a An Proprietorship is an association of one person who own a busine...View the full answer

Accounting

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