Which of the Following Is NOT an Advantage of a Sole

question 9

Multiple Choice

Which of the following is NOT an advantage of a sole proprietorship?

• A) It is easy and inexpensive to create.
• B) It gives the owner 100 percent of the company and 100 percent of the profits and responsibility for the losses.
• C) The income from the business is taxed at a rate lower than the owner's personal income tax rate.
• D) The owner has complete authority to make decisions about the direction of the business.
• E) There are no major reporting requirements such as those imposed on corporations.

---

Definitions:

Positive or Negative

A framework for categorizing outcomes, feedback, or perceptions as either beneficial (positive) or harmful (negative).

Viral Spread

The rapid dissemination of content across social networks, leading to exponential exposure and engagement.

Retweets

The act of sharing someone else's tweet with your own Twitter followers, essentially broadcasting it to a wider audience.

Shares

Units of ownership interest in a corporation or financial asset that provide for an equal distribution in any profits, if any are declared, in the form of dividends.