Which of the Following Is a Major Advantage of the Sole

question 144

Multiple Choice

Which of the following is a major advantage of the sole proprietorship?

• A)separation of ownership and control
• B)limited liability for business debt
• C)transferability of ownership and firm continuity over time
• D)ease of start-up
• E)ease of obtaining financing

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Definitions:

Websites

Collections of web pages, images, videos, and other digital assets that are hosted on one or several web server(s), accessible via the Internet.

Public-Key Encryption

A type of encryption where two keys, known as a key pair, are created. One key is used for coding and the other for decoding. The key for coding is distributed as a public key, whereas the private key is retained for decoding.

Key Pair

The two keys used in public-key encryption.

Instant Messaging

A type of online communication service that enables real-time text transmission over the internet.