Question

Antonia runs her own business as a cabinetmaker. What benefit and what drawback does her sole proprietorship entail?

Answer 1

In a sole proprietorship, the benefit and drawback would be : Total control but total liability

Benefit :
Total Control , which mean that Antonia could make all the decisions as she please regarding her business

Drawback :
Total liability, which mean that Antonia will be 100% responsible for all the risk and loss that may occur to her business