Which of the following is a disadvantage of a sole proprietorship? A. Taxes on employee benefits B. Difficulty dissolving the business C. Complicated and expensive to set up D. Personal liability
Answers
Answered by
3
D.Personal Liablity
Because, liability of a sole trader is UNLIMITED.
Answered by
3
Business organisation: A business organisation is a format that is legally recognized and characterized by the legal definition of that particular category.
There are many types of business structures. Some of them are,
- Sole Proprietorship
- General Partnership
- Limited Partnership
- Limited Liability Partnership (LLP)
Sole proprietorship: An individual or a couple in business which is simple to form and operate is called Sole proprietorship.
The organization is owned by an individual or a couple and so there is no limit on personal liability.
Hence, ( D ) Personal liability is the answer.
Read more on Brainly.in - https://brainly.in/question/6394071
Similar questions