This Is Not an Advantage of a Sole Proprietorship

question 1

Multiple Choice

This is not an advantage of a sole proprietorship:

• A)Forming the company is easy and low cost.
• B)The sole proprietorship is not responsible for the company's contracts or torts.
• C)The sole proprietor makes all of the decisions.
• D)The sole proprietor receives all of the profits.

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Definitions:

Indentured Servants

Laborers bound under contract to work for a specific period of time in exchange for transportation, food, clothing, lodging, and other necessities during the 17th and 18th centuries in America.

Voluntarily Came

The act of choosing to arrive or participate in something out of one's own free will without coercion.

Displacing Indians

The process of forcibly removing Native American tribes from their ancestral lands, often to make way for European settlers and the expansion of the United States.

Settling on Land

The act of occupying and establishing control over a new area of land, often involving the displacement of existing populations.