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maryanne.jones3 maryanne.jones3
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2 years ago
Which of the following is a key advantage of operating a business as a sole proprietorship?

▸ Owners receive tax exemptions when a business is a sole proprietorship.

▸ It allows proprietors to file taxes separately from their personal income.

▸ It is easy to establish and requires less paperwork than other structures.

▸ Owner's risk is limited to the extent he/she has invested in the business.

▸ Risk associated with sole proprietorship is less, compared to other structures.
Textbook 
Business in Action

Business in Action


Edition: 9th
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lyssa1605lyssa1605
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2 years ago
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Smart ... Thanks!
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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