6.)
C.) Lower prices and higher quality of products
-With businesses competing, they will always want you to pick their product over the competitors, and they need to give you a reason for it
7.)
B.) Professional Management
-In a mutual fund, investors only give their money and they do not have to manage it; it is done for them
8.)
B.) Recession
-A recession occurs when an economy experiences an economic decline. One of the factors includes unemployment
9.)
A.) Limited liability
-Because there is not just one owner, liability may be split
10.)
D.) Unlimited liability
-With only one owner of a business, they are responsible for everything that goes on in the company. If something were to go wrong, they alone would be responsible
Hope this helps!
