All of the following are advantages of sole proprietorship EXCEPT ________.
A)single ownership
B)no special forms
C)ease of formation
D)limited liability

Name: All of the following are advantages of sole proprietorship EXCEPT ________. A)single ownership B)no special forms C)ease of formation D)limited liability
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Question

Quizplus · Accepted Answer

Sole proprietorship does not offer limited liability, meaning the owner is personally responsible for all financial obligations and debts of the business.

All of the Following Are Advantages of Sole Proprietorship EXCEPT