Which of the Following Is an Advantage of Starting a New

question 61

Multiple Choice

Which of the following is an advantage of starting a new business as a sole proprietorship?

• A)double taxation
• B)ease in setting up
• C)limited liability
• D)greater ability to raise funds

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Definitions:

Communication Breakdown

A failure in the process of exchanging information, leading to misunderstandings or conflict.

Personal Experience

An individual's direct encounter or involvement in events, which shapes their knowledge, perspectives, and insights.

Social Media

Digital platforms that facilitate creation and sharing of information, ideas, and other forms of expression via virtual communities and networks.

Job Seeker

An individual actively looking for employment or exploring the job market.