One disadvantage of the proprietorship is:
A)it is the least regulated form of business ownership.
B)limited personal liability.
C)excessive access to capital.
D)limited skills and abilities.

Question

Quizplus · Accepted Answer

One disadvantage of proprietorship is the limited skills and abilities of one individual owner. The proprietor has to handle all aspects of the business, from operations to finances to marketing. This can be overwhelming and may lead to a limited growth potential for the business.

One Disadvantage of the Proprietorship Is