Which of the Following Is NOT an Advantage of a Sole

question 31

Multiple Choice

Which of the following is NOT an advantage of a sole proprietorship?

• A)Single taxation
• B)Ease of setup
• C)Limited liability
• D)No separation of ownership and control

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Definitions:

Clarifying Goals

The process of making objectives clear and understandable to ensure all team members are aligned and working towards the same outcomes.

Servant Leadership

A leadership philosophy in which the main goal of the leader is to serve others by prioritizing the welfare of the team or organization over personal gain.

Institutional Power

The control and influence held by organizations or structures within society, often manifested through policies, rules, and regulations.

Authority

The power or right to give orders, make decisions, and enforce obedience.