Which of the following is a major advantage of the sole proprietorship?
A)separation of ownership and control
B)limited liability for business debt
C)transferability of ownership and firm continuity over time
D)ease of start-up
E)ease of obtaining financing

Question

Quizplus · Accepted Answer

The ease of start-up is a major advantage of the sole proprietorship as it is the simplest and least costly form of business to establish.

Which of the Following Is a Major Advantage of the Sole