Which of the following is not a disadvantage of the sole proprietorship?
A)limited lifetime of the business
B)limited management expertise
C)limited access to capital
D)limited liability for the owner

Question

Quizplus · Accepted Answer

Limited liability is actually an advantage for the sole proprietorship as it protects the personal assets of the owner from business debts and obligations. The other options are disadvantages of the sole proprietorship.

Which of the Following Is Not a Disadvantage of the Sole