BUSN 115 STUDY Extraordinary Success /busn115study.com BUSN 115 STUDY Extraordinary Success /busn115study | Page 18

Question 14.14. (TCO 4) The disadvantages of sole proprietorships
are which? (Select all that apply.) (Points : 5)
Risk of personal success
Risk of personal loss
Unlimited financial resources
Few or no fringe benefits
Unlimited life span
Question 15.15. (TCO 4) A limited liability company has which of
the following advantages? (Select all that apply.) (Points : 5)
Limited liability
Choice of taxation
Flexible ownership rules
Self-employment taxes
Fewer incentives
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Question 1.1. (TCO 5) In this digital age, setting up shop online is
vital for most retail businesses. But having only an online presence
that customers can access at home isn’t enough anymore. Now
consumers have an array of smartphones and digital tablets that
can get them online from anywhere. For social networks and
retailers alike, the mobile market has already enjoyed tremendous
growth. Given this information as a sales manager for Always
Better Car Sales (ABCS), your concerns include which of the
following? (Select all that apply.) (Points : 5)
Migrating to the mobile medium shouldn’t be a problem.