Which of the Following Is a Disadvantage of Sole Proprietor

question 59

Multiple Choice

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

• A) ease of dissolution
• B) no special taxation
• C) ease of formation
• D) difficulty in raising capital

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Definitions:

Lewis and Clark

Explorers Meriwether Lewis and William Clark, who led the early 19th-century expedition across the western portion of the United States, commissioned by President Thomas Jefferson.

Sacajawea

A Lemhi Shoshone woman who helped the Lewis and Clark Expedition achieve their chartered mission objectives by exploring the Louisiana Territory.

Shoshone Indian

A member of a Native American tribe originally living in the western United States.

Pacific Ocean

The biggest and most profound ocean on Earth, situated between the Americas in the east and Asia and Australia in the west.