Which of the Following Is Not Typical for a Sole

question 109

Short Answer

Which of the following is not typical for a sole proprietorship?
Limited liability
Losing money at start-up
Lack of continuity
Easy to dissolve
Hard to borrow money

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Definitions:

Normal Conditions

Usual or expected conditions under which a company operates, reflecting a standard or average level of activity.

Variable Budget

A budget that adjusts in response to changes in activity levels or other factors, as opposed to a fixed budget.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity, allowing for more accurate forecasting and analysis.

Static Budget

A fixed budget that remains unchanged over a period, regardless of variations in actual sales volume, production levels, or other operating factors.