Low Start-Up Costs and Simplicity of Operations Are Among the Main

question 226

Short Answer

Low start-up costs and simplicity of operations are among the main advantages of
a sole proprietorship.
selling shares.
incorporating.
a co-operative.
none of these.

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Definitions:

Bankruptcy Law

The body of federal law that governs bankruptcy proceedings. The twin goals of bankruptcy law are to protect a debtor by giving him or her a fresh start and to ensure that creditors competing for a debtor’s assets are treated fairly.

Specialties

Focus areas within a profession or field where practitioners have specific expertise and knowledge.

Formal Work Environment

an organizational setting that strictly adheres to a set of established protocols, rules, and hierarchies.

Health Problems

Issues or conditions that negatively affect an individual's physical or mental well-being.