1.

The single most important advantage of a sole proprietorship is a) The ease of incorporationb) The ability to finance expansion through stock salesc) Limited Liabilityd) The independent decision making​

Answer»

One of the functional advantages of sole proprietorships is that they are easier to set up than other BUSINESS entities. A person becomes a sole proprietor simply by RUNNING a business. ANOTHER functional advantage of a sole proprietorship is that the owner MAINTAINS 100% CONTROL and ownership of the business.



Discussion

No Comment Found

Related InterviewSolutions