Which of the Following Is Not an Advantage of a Sole

question 62

Multiple Choice

Which of the following is not an advantage of a sole proprietorship?

• A) It is easy to form and dissolve.
• B) It has unlimited liability.
• C) Profits are taxed as personal income.
• D) There owner has the flexibility of being his or her own boss.
• E) The owner keeps all profits.

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Definitions:

Federal Money

Financial resources provided by the federal government to states, organizations, or individuals, often in the form of grants, subsidies, or loans.

Unwanted Fetuses

Refers to pregnancies that are not desired or planned by the parent(s), often leading to complex personal and societal issues.

In Vitro Fertilization

A medical procedure whereby an egg is fertilized by sperm in a laboratory, with the resulting embryo implanted in the uterus for pregnancy.

Psychological Distress

A term used to describe a range of symptoms of stress, depression, and anxiety that an individual may experience.