Skip to main content

My Courses

Calculators AI Tools Study Prep Blog Study Prep Home

1. Introduction to Accounting

1. Introduction to Accounting / Business Organization / Problem 6

Problem 6

Which of the following is a disadvantage of a Sole Proprietorship?

A

Unlimited liability for the owner.

B

Limited liability for the owner.

C

Complex formation process.

D

Difficulty in transferring ownership.

Learn this concept