menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    M Business
  4. Exam
    Exam 4: Options for Organizing Business
  5. Question
    Which of the Following Is an Advantage of a Sole
Solved

Which of the Following Is an Advantage of a Sole

Question 62

Question 62

Multiple Choice

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


A) Ease of dissolving the business
B) Equally shared profits among owners
C) Limited liability
D) Varied sources of funds
E) Increased life expectancy

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q57: Xavier starts an investment management firm along

Q58: An acquisition occurs when one company purchases

Q59: Which of the following is a disadvantage

Q60: A sole proprietor has limited liability in

Q61: Which of the following is a corporation

Q63: Which of the following is an advantage

Q64: Raj has a business idea and is

Q65: In a limited partnership:<br>A)the partners can operate

Q66: Partnerships are quasi-taxable organizations.This means that they:<br>A)do

Q67: Which of the following forms of business

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines