A major advantage of a sole proprietorship is that _____.

(A) The owner has no liability for the debts of the business.
(B) The owner is completely responsible for the business decisions.
(C) It is relatively easy to borrow money for the business.
(D) The owner must be able to maintain and run the business independently.

Answer: (B) The owner is completely responsible for the business decisions.

Business

You might also like to view...

Direct-mail (vs. e-mail) sales messages are shown to have higher customer response rates

Indicate whether the statement is true or false

Business

Good speakers try to build audience ____________________ by forming a bond with their audience

Fill in the blank(s) with correct word

Business