A Primary Reason to Open a Business as a Sole

Multiple Choice

A primary reason to open a business as a sole proprietorship instead of forming a corporation for business ownership is that:

A) finding managers is easier in a sole proprietorship.
B) it is easier to obtain bank and small business loan funding as a sole proprietorship.
C) a sole proprietorship avoids double taxation of the owner and business.
D) a sole proprietorship provides limited liability for the owner.