The Most Significant Disadvantage of the Sole Proprietorship Form of Doing

question 20

Multiple Choice

The most significant disadvantage of the sole proprietorship form of doing business is:

• A)More difficult for the owner to raise capital
• B)The owner has unlimited liability
• C)The survival of the business depends on the owner
• D)It may require getting a DBA
• E)It cannot be used for high-growth ventures

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Definitions:

Over-The-Counter Medications

Drugs available without a prescription, used for self-treatment of various conditions.

Overgeneralization

A cognitive distortion where a person makes broad interpretations from a single or a few events.

Major Depressive Disorder

A mental health disorder characterized by persistent feelings of sadness, lack of interest in activities, and various emotional and physical problems.

Self-Esteem

An individual’s overall subjective evaluation of their own worth or value.