Which of the following is considered to be the main disadvantage of the sole proprietorship form of business organization?
A) The proprietor and the firm are legally inseparable.
B) The proprietor has personal independence.
C) The focus of the proprietorship is on local markets.
D) The access to local and family labor promotes legal dependence.
E) The lack of a bureaucratic structure impedes growth.
Correct Answer:
Verified
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