The Most Significant Disadvantage of Using a Sole Proprietorship Is

Multiple Choice

The most significant disadvantage of using a sole proprietorship is that

A) the sole proprietor alone must do all the work in the sole proprietorship business.
B) the sole proprietor has unlimited personal liability for all obligations of the business.
C) the sole proprietor must obtain a business licence.
D) the sole proprietor must register a business name.
E) it is simple to terminate.