Question: Frank plans to open a sporting goods store and to hire Gogi and Hap. Frank will invest only his own funds. He expects that he

Frank plans to open a sporting goods store and to hire Gogi and Hap. Frank will invest only his own funds. He expects that he will not make a profit for at least eighteen months and will make only a small profit in the three years after that. He hopes to expand eventually. Would a sole proprietorship be an appropriate form for Frank's business? Why or why not?

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