Question

Which one of the following is an advantage of a sole proprietorship?

a. Ease of formation
b. Limited liability
c. Limited operational control
d. Unlimited liability

Answer 1

a. Ease of formation

Step-by-step explanation:

A sole proprietorship is A form of business owner by one person. The sole proprietor has unlimited liabilities and has unlimited operational control.

Unlimited liability is a disadvantage of a sole proprietorship .

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