Question

Which of the following is an advantage of the sole proprietorship form of ownership? A. Unlimited liability B. Control over the business C. Limited liability D. Split responsibility

Answer 1

"B"

Step-by-step explanation:

Sole proprietorship is a form of business owned and solely controlled by the owner.It is seen as the easiest business to set up as the requirement is very minimal compared to others , in fact it is not a legal entity as you can hardly differentiate the business from the entity.

One of its advantages is that the owner is in full control over the business.

To mention a dis advantage , the debt is not limited to the business as the owner's assets might be forfeited to settle a debt.