A Disadvantage of a Sole Proprietorship Is the Fact That

question 216

Short Answer

A disadvantage of a sole proprietorship is the fact that the owner has ________.

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Definitions:

Duty Ethics

An ethical framework that emphasizes duties or moral obligations as the basis for action, typically associated with the philosophy of Immanuel Kant.

Personalistic Ethics

An ethical perspective that emphasizes the centrality of individual human beings and their values and moral decision-making.

End-result Ethics

A perspective on ethics that judges the morality of an action based solely on its outcomes or consequences.

Social Contract View

A theory that suggests the moral and political obligations of individuals are dependent upon an agreement among them to form the society in which they live.