Question

Which of the following is an advantage of a sole proprietorship?

a. It is the least-regulated form of business organization.
b. It is easy to get financing to start one.
c. It is an easy way to make a lot of money.
d. No one is responsible if it fails.

Answer 1

d. No one is responsible if it fails.

Step-by-step explanation:

If a person doesn't want to take responsibility for the consequences of their actions, they may try to blame others. Don't accept blame or try to fix things for them when you've done nothing wrong. They need to learn that if they want different outcomes, they will have to make different choices.

Answer 2

The advantage of a sole proprietorship is that it is the least-regulated form of business organization. The other options aren't advantages of sole proprietorship.