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...

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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...

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 these

business finance

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Answer 1

Answer #1

We see that Limited liability is NOT an advantage of the sole proprietorship because there is unlimited liability in sole proprietorship

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Answer 2

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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...