Which of the following is an advantage of a sole proprietorship?
A)Owners of sole proprietorships can raise a lot of capital quickly for expansion purposes.
B)The owner of a sole proprietorship has complete control over the business.
C)The sole proprietorship's existence does not depend entirely upon the sole proprietor.
D)The owner of a sole proprietorship has no liability.

Question

Quizplus · Accepted Answer

As the only owner,the sole proprietor has the right to make all the management decisions of the business.In addition,all the profits of the business are his.

Which of the Following Is an Advantage of a Sole