Sole proprietorships resolve the issue of agency problems by:

Name: Sole proprietorships resolve the issue of agency problems by:
Brand: Quizplus
Rating: 4.8 (52 reviews)

Question

Quizplus · Accepted Answer

Sole proprietorships force owners to bear the full cost of their actions as they are personally liable for all debts and legal actions taken against the business. This aligns the owner's interests with the interests of the business and reduces the likelihood of agency problems where the owners prioritize their own interests over the interests of the business.

Sole Proprietorships Resolve the Issue of Agency Problems By