Multiple Choice
Which of the following is an advantage of a sole proprietorship?
A) The owner has unlimited liability.
B) The business ceases to exist when the owner dies.
C) There is a limit to the amount one person can borrow.
D) Profits are taxed as individual income.
E) There is one-person control of all aspects of the business.
Correct Answer:
Verified
Correct Answer:
Verified
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