Question

1. which of the following is not an advantage of a sole proprietorship?

limited liability
easy to organize
independence in business decisions
keeping all profits

Explanation:

A sole proprietorship is an unincorporated business owned by one person. Key advantages include ease of organization, full decision-making independence, and retaining all profits. However, it has unlimited liability—personal assets are at risk for business debts. Limited liability is a feature of corporations, not sole proprietorships.

Answer:

limited liability