Which of the Following Is Not an Advantage of a Sole

question 62

Multiple Choice

Which of the following is not an advantage of a sole proprietorship?

• A) It is easy to form and dissolve.
• B) It has unlimited liability.
• C) Profits are taxed as personal income.
• D) There owner has the flexibility of being his or her own boss.
• E) The owner keeps all profits.

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