Multiple..CHOICE!!?

1 - A disadvantage of a sole proprietorship is:
a - high taxes.
b - legal constraints.
c - difficulty to start.
d - lack of permanence.


2 - All of the following are fringe benefits EXEPT:
a - paid sick leave.
b - 401K contributions.
c - raise in hourly wages.
d - tuition riembursement.


3 - An example of using physical capital instead of human capital would be a(n):
a - furniture piece made by hand.
b - a server in a fast food restaurant.
c - an automatic teller machine (ATM).
d - a licensed practical nurse.

Answer:
1 b - legal constraints. - unlimited liability is the main one, so if that is a legal constraint then b

2 c - raise in hourly wages.

3 c - an automatic teller machine (ATM).

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