Which of the following is considered the greatest disadvantage to forming a business as a...
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Finance
Which of the following is considered the greatest disadvantage to forming a business as a proprietorship?
a. The company can only have 100 owners.
b. A proprietorship has too many common stockholders.
c. The amount of profits a proprietorship can earn is limited by law.
d. State regulations is difficult to establish (set up) such a company.
e. The owner has unlimited liability for the debts incurred by the business.
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