Question

Which of the following is an advantage of sole proprietor ownership?

A. Limited liability.
B. Ease of decision-making.
C. Access to financial resources.
D. Division of profits.

Answer 1

The advantage of sole proprietor ownership is ease of decision-making.

Step-by-step explanation:

The advantage of sole proprietor ownership is ease of decision-making. As the sole owner, you have the ability to make decisions quickly and without consulting anyone else. This can be beneficial in situations where quick action is required or when you want to implement your ideas without any interference.