8. One advantage of sole proprietorship is that _______

One advantage of sole proprietorship is that

(a)access to large capital is easy (b)decisions are made promptly (c)business risk are spread (d)continuity of business is assured

EXPLANATION:

Advantages of Sole proprietorship Business

> Prompt decision is made beecause the sole proprietor is the only director of the business

Disadvantages of Sole proprietorship Business

> Sole proprietorship business can not have access to large capital because it is not a legal entity
>The business risk is not spread, it is borne by one man alone
>The continuity of the business is not assured because the death of a sole proprietor may mean the end or death of the business

You'll have 60 seconds to answer each question.

Time's Up

Score:

Your fingernails and hair keep growing after you die

Result

Total Questions: 9

Attempt: 8

Correct : 3

Wrong: 5

Percentage: 33%