Question: Question 1 5 ( Mandatory ) ( 4 points ) A disadvantage of the sole proprietorship is that: a ) only entrepreneurs with advanced degrees

Question 15(Mandatory)(4 points)
A disadvantage of the sole proprietorship is that:
a) only entrepreneurs with advanced degrees can be sole proprietors
b) complex requirements exist for forming and operating it
C) the owner is personally responsible for aty debts and liabilities of the business
d) the owner has only limited control over management
e) none of the above
 Question 15(Mandatory)(4 points) A disadvantage of the sole proprietorship is that:

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!