The growth of both sole proprietorships and partnerships is frequently limited by the firm's: Select one: a. double taxation. b. bylaws. c. inability to raise cash. d. limited liability. e. agency problems.

Respuesta :

Answer:

c. inability to raise cash

Explanation:

A sole proprietorship is a form of business owned by one person.

A sole proprietorship has

1. Unlimited liabilities

2. No agency problem because the owner runs the business.

3. Its profits taxed once

4. Has limited ability to raise cash

A partnership is when two or more people come together to start a business

A partnership:

Has unlimited liabilities

2 . Has limited ability to raise cash .

3. Has its profits taxed once.

Both types of business has limited ability to raise cash.

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