Which of the Following Is NOT an Advantage of the Sole

question 88

Multiple Choice

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

• A) Limited liability
• B) No time limit imposed on its existence
• C) No legal requirements for starting the business
• D) None of the above

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Definitions:

Gulf Coast States

Refers to the states in the United States that border the Gulf of Mexico, including Texas, Louisiana, Mississippi, Alabama, and Florida.

Safety Brochure

A printed document that provides information and guidelines on how to maintain safety and avoid risks in specific environments or situations.

Pie Chart

A circular graph divided into sectors, each representing a proportion of the total.

Ethical Responsibilities

Moral obligations considered essential by a society or professional group.