A Major Disadvantage of a Sole Proprietorship Is the Fact

question 14

Multiple Choice

A major disadvantage of a sole proprietorship is the fact that _____.

• A) it is expensive to establish
• B) the owner has unlimited personal liability
• C) it is easy to finance growth
• D) the owner pays taxes on all the income

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Definitions:

Curative Solutions

Implies strategies or interventions designed to address and rectify problems, typically within a healthcare, organizational, or social context.

Workplace Stress

The physical and emotional strain that arises from job-related pressures, potentially impacting an individual's health and well-being.

Top Management

The highest level of management in an organization, responsible for setting strategic goals, making crucial decisions, and overseeing the overall operation of the company.

Health and Safety Policies

Regulations and procedures implemented by an organization to protect the well-being and safety of its employees.