Which Is an Advantage of Owning a Sole Proprietorship

question 107

Multiple Choice

Which is an advantage of owning a sole proprietorship?

• A) unlimited liability
• B) easiness of start up
• C) difficulty in raising large amounts of capital
• D) having full responsibility for all aspects of the business

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Definitions:

Shock

A medical emergency characterized by the body's inability to circulate enough blood to the tissues, leading to organ failure.

Autonomy

The ability to make and carry out decisions independently.

Coping

The strategies and mechanisms individuals use to manage and overcome stress, adversity, or trauma in their lives.

Dying Adolescents

Young individuals in their teenage years who are facing terminal illness or conditions leading toward the end of life.