Question: Scenario 2 - 1 . Mary Manting is opening her new business. She is offering a day camp / day care summer experience fo a
Scenario Mary Manting is opening her new business. She is offering a day campday care summer experience fo a newly developed suburb in upscale Yolando. She has little capital and little management experience, and she is concerned with the possibility of lawsuits due to the nature of her business and the unlimited liability that she could then face. She comes to you for business advice.
In Scenario above, what would be the major advantage of establishing her business as a sole proprietorship?
Indepengence
Unlimited resources
Pooled talents
Double taxation
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