One of the major advantages of a sole proprietorship is A. that the owner has limited...
One of the major advantages of a sole proprietorship is
A. that the owner has limited liability.
B. that stock in the proprietorship can be easily transferred.
C. that it is exempt from many tax rules that would otherwise apply when employees are hired by the firm.
D. low operating costs
Homework Answers
Solution
D. low operating costs
Because a sole proprietorship is a type of enterprise that is owned and run by one natural person and in this there is no legal distinction between the owner and the business entity.
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