Which of the Following Statements Describes an Advantage to the Owner

Multiple Choice

Which of the following statements describes an advantage to the owner of a single proprietorship?

A) The owner's liability is limited to the amount he or she actually invests in the firm.
B) He or she has limited liability.
C) The owner can readily maintain full and complete control over every aspect of the firm's operation.
D) The firm has a legal existence separate from its owner.
E) Shares of the firm can be traded on any stock exchange.