One of the Major Disadvantages of a Sole Proprietorship Is

question 349

Multiple Choice

One of the major disadvantages of a sole proprietorship is the:

• A)Possibility of disagreements between owners.
• B)Unlimited liability the owner has for the debts of the firm.
• C)Fact that any income earned by this type of business is taxed twice.
• D)High cost of starting or ending the company.

Understand how to use comments for collaboration and feedback.

Learn how to assign and manage section divisions in presentations.

Know how to enhance accessibility in presentations for users with disabilities.

Learn different animation triggers and their applications.

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Definitions:

Stroke

A medical condition where blood flow to the brain is interrupted or reduced, causing brain cells to die due to lack of oxygen.

Specific Route

A designated pathway or course taken to achieve a particular destination or goal, often used in the context of navigation, planning, or strategic approaches.

Alzheimer's Disease

A progressive neurological disorder that leads to memory loss, cognitive decline, and eventually loss of ability to carry out daily activities.

Dementia Cases

Instances of dementia, a category of brain diseases that cause a long-term and often gradual decrease in the ability to think and remember, affecting a person's daily functioning.