Question

One major advantage of organizing a business as a sole proprietorship is

that:
• A. the business has an unlimited life span.
•
B. it is fairly simple to get the business started.
C. risk and liability are divided among many people.
• D. it is easy
to quickly raise large sums of capital.

Answer 1

Answer: The major advantage of the sole proprietorship is to start a business.

Step-by-step explanation:

What is a sole proprietorship?

It is the person who overall controls the activities of the business. In this, only there is one owner who decides what to do and what not to do. There is no difference between the business and the owner as only one person controls the overall business. Moreover, there is unlimited liability, no more legal requirements, have the right to choose any business.