One of the advantages of a sole proprietorship is that the owner is not liable for the actions of the business.

a. True

b. False

Question

Social Studies

Tyrell Medina

3 January, 00:44

One of the advantages of a sole proprietorship is that the owner is not liable for the actions of the business.

a. True

b. False

+5

Answers (1)

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Arnold · Answer 1

False. Since it is a sole proprietorship, it is the owner who is liable for the actions of the business. Since he owns it, he has to oversee all aspects of it. Decisions are made by the owner. He has no partners so responsibility falls on him or her.

One of the advantages of a sole proprietorship is that the owner is not liable for the actions of the business.a. Trueb. False

One of the advantages of a sole proprietorship is that the owner is not liable for the actions of the business.

a. True

b. False