Which of the Following Is an Advantage of a Sole

question 5

Multiple Choice

Which of the following is an advantage of a sole proprietorship?

• A) The owner has unlimited liability.
• B) The business ceases to exist when the owner dies.
• C) There is a limit to the amount one person can borrow.
• D) Profits are taxed as individual income.
• E) The owner enjoys lack of continuity.

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Definitions:

Related

Connected or associated with something else, often by some form of relationship or relevance.

Shape Attitudes

To influence or determine the way individuals feel or think about something.

Performance Expectations

Standards and objectives set by employers or managers that employees are expected to achieve in their roles.

Heroes

Individuals admired for their courage, outstanding achievements, or noble qualities, often serving as inspirational figures.