Which of the Following Is a Disadvantage of Sole Proprietor

question 137

Multiple Choice

Which of the following is a disadvantage of sole proprietor ownership?

• A)Ease and low cost of formation
• B)Freedom from government regulation
• C)All profits to the owner
• D)Unlimited liability
• E)Ease of dissolution

---

Definitions:

Malware

Software that’s intended to render a system temporarily or permanently useless or to penetrate a computer system completely for purposes of information gathering. Examples include spyware, viruses, worms, and Trojan horses.

Virus Infection

The process by which a computer virus attaches itself to a software program or file, enabling it to spread from one computer to another, leading to potential data corruption or system failure.

Credit Repair

The process of addressing and correcting inaccuracies on an individual's credit report to improve their credit score.

Fraudulent Debts

Debts acquired or claimed through deceitful practices, often involving misrepresentation or outright theft.