A Major Disadvantage of the Sole Proprietorship Is: ______

question 13

Multiple Choice

A major disadvantage of the sole proprietorship is: ______.

• A) no organizational fees.
• B) the sole proprietor obtains all of the profits.
• C) the sole proprietor is personally liable for the debts of the sole proprietorship.
• D) the sole proprietor is free to make all business decisions concerning operation of the sole proprietorship.

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Definitions:

Durkheim's Theory

A sociological theory proposed by Émile Durkheim, which posits that society is a complex system whose parts work together to promote solidarity and stability.

Egoistic Suicide

Suicide committed by people who feel alienated from others and who lack social support.

Social Role Disorientation

Confusion or uncertainty about social roles due to changing societal expectations or personal transitions.

Durkheim's Theory

A sociological perspective proposed by Emile Durkheim that studies how societal forces and structures influence behavior, norms, and values.