Which of the Following Is a Disadvantage of a Sole

question 20

Multiple Choice

Which of the following is a disadvantage of a sole proprietorship?

• A)Entrenched management
• B)Double taxation
• C)Personal liability
• D)Excessive regulation

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Definitions:

Sales Negotiations

The process of discussions between the buyer and seller aimed at reaching a mutually beneficial agreement on terms.

Cost and Quality

The relationship between the expense of a product or service and its level of excellence or worth, often a key consideration in consumer purchasing decisions.

Minor-Points Close

A close in which the salesperson asks the prospect to make a low-risk decision on a minor element of a product.

Balance-Sheet Close

A sales technique where the salesperson presents a summary of the costs and benefits of a product or service to the customer, similar to a balance sheet in finance.