Which of the following is NOT considered to be a disadvantage of the sole proprietorship form of a business organization?
A)Limited ability to raise capital
B)Its life is limited to that of the owner
C)Unlimited liability of business owners
D)Fewer regulations and reporting requirements

Question

Quizplus · Accepted Answer

This option is actually an advantage of the sole proprietorship form of a business organization, as there are fewer regulations and reporting requirements compared to other forms of business ownership. Therefore, all other options (A, B, and C) are considered to be disadvantages of sole proprietorship.

Which of the Following Is NOT Considered to Be a Disadvantage