ECON MACRO
5th Edition
ISBN: 9781337000529
Author: William A. McEachern
Publisher: Cengage Learning
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Question
Chapter 3, Problem 2.6P
To determine
The Limitations of sole proprietorship.
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What are the advantages of a sole proprietor?
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Define the differences, advantages or disadvantages to proprietorship, partnership, and corporate business
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1. Identify the major disadvantage of a sole proprietorship or a partnership.
2. How does a corporation differ from a partnership?
3. What conflicts exist when a MCO provides bonuses to physicians for providing fewer tests?
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In whose interest should the corporation be run?
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