Which of the Following Statements Is a Disadvantage of a Sole

question 19

Multiple Choice

Which of the following statements is a disadvantage of a sole proprietorship?

• A)The taxation treatment of partnerships can be a disadvantage.
• B)It is more expensive to establish than a company.
• C)It can be difficult to raise funds for expansion.
• D)There are more regulatory requirements than a company.

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Definitions:

Team Failure

Refers to a situation where a group of individuals working together fails to achieve the set goals or objectives due to various reasons such as poor communication, lack of collaboration, or conflicting interests.

Apology

An expression of remorse or regret for one's actions, often a crucial component of conflict resolution and maintaining relationships.

Communication Manager

A professional responsible for overseeing and directing the communication strategies and initiatives within an organization.

Negative Message

Any communication that relays bad news, rejects, or presents unfavorable information to the receiver.