Question

match the characteristic with the appropriate heading. sole proprietorship corporation no answers chosen no answers chosen possible answers: has total control, fewer regulations, can sell stock, viewed as a legal entity, has elected directors, has profits taxed twice, unlimited liability, has limited liability, keeps all profits, has limited life

Explanation:

A sole - proprietorship is owned and operated by one person. They have total control, face fewer regulations, have unlimited liability, and keep all profits. A corporation is a legal entity, can sell stock, has elected directors, has limited liability, and may face double - taxation of profits.

Answer:

Sole Proprietorship: Has total control, Fewer regulations, Unlimited liability, Keeps all profits
Corporation: Can sell stock, Viewed as a legal entity, Has elected directors, Has limited liability, Has profits taxed twice