Advantage(s) of a proprietorship form of organization is (are)
A) Minimal legal requirements needed to start
B) Owner has complete control over the business
C) Pays no income tax as a separate business entity
D) All of the above

Question

Quizplus · Accepted Answer

All of the options listed are advantages of a proprietorship form of organization. Proprietorships require minimal legal formalities to start, allow the owner to have complete control, and are not taxed as separate entities, meaning the income is taxed as the personal income of the owner.

Advantage(s) of a Proprietorship Form of Organization Is (Are)