Examlex

Solved

One of the Main Disadvantages of the Sole Proprietorship Is

question 24

True/False

One of the main disadvantages of the sole proprietorship is that the owner has unlimited liability.


Definitions:

Stressful Experiences

Events or situations that cause a significant amount of stress, potentially impacting an individual's mental and physical well-being.

Aids

Acquired Immunodeficiency Syndrome, a chronic, potentially life-threatening condition caused by the human immunodeficiency virus (HIV), which severely damages the immune system.

Type A Personality

A personality type characterized by a constant feeling of working against the clock and a strong sense of competition.

Irritable

Characterizes a state or condition of being easily annoyed or made angry.

Related Questions