Which of the Following Is an Advantage of a Sole

question 111

Multiple Choice

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

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

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Definitions:

Early Research

Early research refers to the initial studies or explorations into a subject or field, which lay the groundwork for future inquiry and understanding.

Leadership

The act of guiding or directing a group of people to achieve a common goal.

Cross-cultural Leadership

Leadership that understands, respects, and applies knowledge across diverse cultural norms, practices, and values.

Comparative Approach

A method that involves comparing different entities or situations to analyze similarities, differences, and outcomes.