Question

Which best explains why a sole proprietor would want a partner?

to reduce the number of responsibilities
to make it easier to raise funds for expansion
to move into a more favorable tax bracket.
to take advantage of little government oversight.

Answer 1

the answer that makes the most sense to me is "to make it easier to raise funds for expansion' hope that helps !

Answer 2

I believe the answer is: to make it easier to raise funds for expansion

In a sole proprietor , the ownership of the company is held only by one person. This make it harder for the company to make an expansion due to the limited amount of capital.

By creating a partnership, gaining capital that needed for expansion would become easier even though the original owner need to sacrifice some percentage of the ownership.