contestada

Which can be considered disadvantages of sole proprietorships and partnerships?

Partnerships require many people to write a charter, while sole proprietorships require one person to write a charter.
Sole proprietorships require one person to know complicated tax laws, while partnerships require many people to know the rules.
Partnerships require one person to do many things, while sole proprietorships require many people to weigh in on decisions.
Sole proprietorships require one person to do many things, while partnerships require many people to weigh in on decisions.

Respuesta :

Answer:

Option d. Some of the disadvantages of sole proprietorship and partnerships is that sole proprietorships require one person to do many things, while partnerships require many people to weigh in on decisions.

Explanation:

In business, a sole proprietorship is an unincorporated entity that does not exist apart from its sole owner, while a partnership is a two or more people agreeing to operate a business together for profit. Therefore, in sole proprietorship, the only owner is entitled to all profits but it is also reliable for all obligations, while in a partnership the profit is divided between all owners as the reliability of obligations.

divorcedspiderman

D. Sole proprietorships require one person to do many things, while partnerships require many people to weigh in on decisions.

Otras preguntas