asked 217k views
5 votes
Which of the following is an advantage of a sole proprietorship form of business?

A. There’s limited personal risk.
B. The business can continue indefinitely.
C. The owner makes all the decisions.
D. All of the above

2 Answers

2 votes

Answer:

C

Step-by-step explanation:

answered
User Chenxinlong
by
8.5k points
7 votes
Advantages
-Simplicity
-Low setup cost
-Quick setup
-Single tax filing on individual form

Disadvantages
-Unlimited liability
-Hard to raise additional capital
-Transfer of ownership difficulties

So the answer to your question is
C. The owner makes all the decisions which means simplicity.

Hope it helps!



answered
User Muhmud
by
8.6k points
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