Which of the following features of a sole proprietorship proves that it is a risky endeavor?
A) The complications associated with operating in more than one state
B) Its lack of continuity
C) The potential for disagreements
D) Its unlimited liability

Question

Quizplus · Accepted Answer

A sole proprietorship is risky primarily due to its unlimited liability, meaning the owner is personally responsible for all debts and obligations of the business.

Which of the Following Features of a Sole Proprietorship Proves