Which of the Following Is a Disadvantage of Sole Proprietor

question 68

Multiple Choice

Which of the following is a disadvantage of sole proprietor ownership?

• A) all profits to the owner
• B) ease and low cost of formation
• C) freedom from government regulation
• D) unlimited liability

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Definitions:

Title Bar

A horizontal bar at the top of a window in a graphical user interface, displaying the name of the application or document.

Microsoft Word Window

The interface of the Microsoft Word application where users can create, view, and edit documents.

Folder

A virtual container in a computer's file system used to organize files, other folders, and shortcuts, making it easier to manage data.

Storage Medium

A storage medium is a physical material or device that is used to store digital data, such as a hard drive, SSD, CD, or memory card.