Question

Which advantage is not enjoyed by the owner of a sole proprietorship?

a. the power to decide what to sell
b. the right to claim all the profits
c. the ability to easily raise financial capital
d. the authority to establish practices

Answer 1

b. the right to claim all profits

Answer 2

The correct answer is: c. the ability to easily raise financial capital

One of the benefits of a partnership with multiple partners or a corporation is the easy of raising funds through the selling of equity stakes.