- Words: 351
- Length: 1 Pages
- Topic: Economics
- Paper #: 67515493
False. The form of business organization direct affects the taxation structure of the firm, particularly with regard to flow-through taxation on some forms (sole proprietorship, most partnerships) and not on others (most corporations).
False. The partners in a regular partnership have a high degree of liability.
True. Most partnerships remains fairly small due to these constraints.
True. In a sole proprietorship, the owner holds all the capital, making it difficult