Which of the Following Is an Advantage of Sole Proprietor

question 15

Multiple Choice

Which of the following is an advantage of sole proprietor ownership?

• A)Limited liability
• B)Freedom from government regulation
• C)Ease with which capital can be raised
• D)Ease with which qualified employees can be found
• E)None of the above

---

Definitions:

Partial Goodwill Method

An accounting technique used in business combinations where goodwill is only recognized for the owners' share in the acquired party, not the non-controlling interest (NCI).

Ownership Interest

A stake or share in a company or property, representing the holder's right to its assets and profits.

Regulatory Requirements

Rules and guidelines imposed by governing bodies that companies must follow to be compliant in their operational, financial, or ethical practices.