Question

[18/11, 1:40 pm] Simran: Sole proprietor business is best suitable when risk involved is:
[18/11, 1:40 pm] Simran: A. Minimum
B. High
C. Both (a) and (b)
D. None of the above​

Answer 1

Answer:

A) Minimum

Explanation:

This is because in sole proprietorship, all the risk is taken by one person, so loss can be very severe. So sole proprietorship is best suited to only low-risk businesses.