Fallon wants total control over the decisions related to his business but is concerned that should the business fail, his personal assets are at risk. Fallon has chosen the ________ form of ownership.

Question

Quizplus · Accepted Answer

A sole proprietorship gives Fallon total control over his business decisions. However, it does not offer protection for his personal assets in case the business fails, as there is no legal distinction between the owner and the business.

Fallon Wants Total Control Over the Decisions Related to His