Which accurately describes advantages of a sole proprietorship?

The owner of a sole proprietorship has the freedom to make all business decisions.

The owner of a sole proprietorship has limited liability as the business pays all expenses.

The owner of a sole proprietorship keeps the profits.

The owner of a sole proprietorship is able to sell stock to raise capital.

Question

Social Studies

Madden Calderon

25 July, 23:45

Which accurately describes advantages of a sole proprietorship?

The owner of a sole proprietorship has the freedom to make all business decisions.

The owner of a sole proprietorship has limited liability as the business pays all expenses.

The owner of a sole proprietorship keeps the profits.

The owner of a sole proprietorship is able to sell stock to raise capital.

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Answers (1)

Know the Answer?

Ross Wolfe · Answer 1

Answer:The owner of sole proprietorship make all business decision

Explanation:

The owner of sole proprietorship make all business decision : A sole proprietorship is one man business which give room for him to take all decisions abound in his organization unlike partnership businesses. A sole proprietorship also bear the flag to risk in taking business decision which might land him profit or loss.