Which of the Following Is a Strength of a Sole

question 74

Multiple Choice

Which of the following is a strength of a sole proprietorship?

• A) Unlimited life
• B) Easy to form
• C) Limited liability
• D) Limited access to capital

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Definitions:

Human Skill

The ability to work well with others, to communicate effectively, to inspire team members, and to understand and manage personal emotions in a professional context.

Cooperation

The action or process of working together to the same end, often referring to individuals or groups collectively achieving a goal.

Work Performance

The assessment of how effectively an individual accomplishes their job duties and tasks.

Corrective Action

Measures taken to identify, eliminate, and prevent the recurrence of a problem within a process or system.