Multiple Choice
The most critical disadvantage of the sole proprietorship is:
A) unlimited personal liability.
B) limited access to capital.
C) lack of continuity.
D) limited skills and capacities of the owner.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q47: If stockholders in a corporation are displeased
Q48: To avoid becoming liable for corporate actions,officers
Q49: Which of the following is a disadvantage
Q50: The Uniform Partnership Act outlines a number
Q51: Traditionally,_ were always set up as nonprofit
Q53: While a sole proprietorship gives the owner
Q54: Carlos founded the "Taco Factory" 20 years
Q55: _ partners are not active in a
Q56: Ownership of a corporation can easily be
Q57: The _ is the most complex form