An Advantage of a Sole Proprietorship Is ______

question 27

Multiple Choice

An advantage of a sole proprietorship is ______

• A) its ability to pool resources.
• B) its limited liability.
• C) double tax exemption of the firm's earnings.
• D) the ease of organization.
• E) the ease of raising funds.

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Definitions:

Provincial Governments

The governing bodies of provinces or states within a federal system, responsible for regional legislation and administration.

Employer-provided Benefits and Services

Compensation given to employees in addition to salary, including health insurance, retirement benefits, and wellness programs.

Gain Benefits

The process or action of obtaining advantages, such as improved health, insurance, or financial gains, usually through employment or negotiation.

Reduce Employee Fatigue

Implementing strategies or measures to decrease exhaustion and improve well-being among workers.