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    Foundations of Financial Management Study Set 2
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    Exam 1: The Goals and Activities of Financial Management
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    One of the Major Disadvantages of a Sole Proprietorship Is
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One of the Major Disadvantages of a Sole Proprietorship Is

Question 41

Question 41

Multiple Choice

One of the major disadvantages of a sole proprietorship is


A) that there is unlimited liability to the owner.
B) the simplicity of decision making.
C) low organizational costs.
D) low operating costs.

Correct Answer:

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