An Advantage of a Sole Proprietorship Is ______

question 27

Multiple Choice

An advantage of a sole proprietorship is ______

• A) its ability to pool resources.
• B) its limited liability.
• C) double tax exemption of the firm's earnings.
• D) the ease of organization.
• E) the ease of raising funds.

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Definitions:

Proofread

Proofread means to read (text) and mark any errors to be corrected, often in the context of preparing legal documents or publications.

Marketing Skills

The abilities and knowledge necessary to promote and sell products or services, including strategy development, communication, and understanding consumer behavior.

Job Interviews

The process where employers evaluate potential employees by asking questions to assess their suitability for a position.

Application Process

The series of steps required to apply for something, such as a job, school admission, or a license, often involving the submission of documents and undergoing evaluations.