What is the key advantage of the Sole Proprietorship,beyond the simplicity of the commencement of the operation?
A) the sole proprietor is 100% personally exposed to the liabilities incurred by the business
B) the sole proprietor has 100% control of the business
C) the skill set of the business is limited to the skills possessed by the sole proprietor
D) no real creation of a separate legal business entity
E) limited to their personal capacity to invest and/or borrow money
Correct Answer:
Verified
Q13: is/are trying to make is a factor
Q14: Public-equity investment opportunities are limited to _.
A)
Q15: As a business organization grows they need
Q16: For many individuals,commencing business operations is easiest
Q19: In general,for-profit organizations have all of the
Q20: As a business organization grows the need
Q21: The Ease of business set-up and operation
Q22: A sole proprietorship is a popular form
Q23: A sole proprietorship is a popular form
Q76: Persons or organizations that agree to provide
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