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Torrie Is Thinking of Starting Up a Small Business Selling

Question 26

Multiple Choice

Torrie is thinking of starting up a small business selling hand-painted wine glasses.She is considering setting up her business as a sole proprietorship.What is one advantage to Torrie of setting up her business as a sole proprietorship?


A) As a sole proprietor,Torrie would face limited liability.
B) As a sole proprietor,Torrie would have the ability to share risk with shareholders.
C) As a sole proprietor,Torrie would have both ownership and control over the business.
D) All of the above would be advantages of setting up her business as a sole proprietorship.

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