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Question Practice

What is a significant advantage of a Sole Proprietorship?

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MCQ_SA
CBSE
Class 11
Business Studies
Business Studies
Forms of Business Organisation
Question Bank

What is a significant advantag...

Single Answer MCQ
Q-00064485

What is a significant advantage of a Sole Proprietorship?

1

Limited liability

2

Profit-sharing flexibility

3

Ease of management

4

Extensive regulatory requirements

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Q1.

What is a defining characteristic of a sole proprietorship?

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Q2.

Which of the following is a disadvantage of a sole proprietorship?

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Q3.

In a sole proprietorship, the profits are:

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Q4.

Which feature of a sole proprietorship makes it easier to form compared to other business types?

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