PLEASE HELP ASAP ITS A TEST
Which of the following is a disadvantage of a sole proprietorship?
(A) Proprietors are their own bosses and can work their own hours.
(B) It's the least expensive type of business organization to create.
(C) The owner has unlimited liability for the debts of the business.
(D) The owner gets to decide what to do with all of the profits made.
Its C. The sole trader has to pay all the debts by selling his personal properties if a business fails, as He has unlimited liability. Its a disadvantage.
