Which of the Following Is a Major Advantage of a Sole

question 127

Multiple Choice

Which of the following is a major advantage of a sole proprietorship?

• A)Separation of ownership and control
• B)Limited liability for business debt
• C)Transferability of ownership and firm continuity over time
• D)Ease of start-up
• E)Ease of obtaining financing

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Definitions:

Leadership Skills

Abilities and qualities that enable an individual to influence, motivate, and guide others towards a goal.

Denying A Claim

The act of rejecting a request or assertion, often in legal or insurance contexts.

Adjustment Request

A formal petition to alter or modify an existing condition or decision, often found in business, finance, or legal contexts.

Bad News Message

A type of communication that conveys negative or undesirable information to the recipient.