Which of the Following Is an Advantage of a Sole

question 85

Multiple Choice

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

• A) A sole proprietor is personally obligated for the debt of the proprietorship.
• B) A sole proprietorship is not taxed as an organization.
• C) In a sole proprietorship, liability is shared with many partners.
• D) A sole proprietorship is the least expensive business organization to create.
• E) A sole proprietorship's business activity may be more stable than the proprietor's willingness to remain actively involved in the business.

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