Which of the following is NOT considered to be a disadvantage of the sole proprietorship form of business organization?
A) limited ability to raise capital
B) life is limited to that of the owner
C) unlimited liability of business owners
D) fewer regulations and reporting requirements

Question

Quizplus · Accepted Answer

Fewer regulations and reporting requirements are actually considered an advantage of the sole proprietorship form of business organization. The other options listed (limited ability to raise capital, life limited to that of the owner, and unlimited liability of business owners) are all considered disadvantages of this form of business organization.

Which of the Following Is NOT Considered to Be a Disadvantage