Question

1. which of the following is not an advantage of a sole proprietorship? easy to organize independence in business decisions keeping all profits limited liability

Explanation:

A sole proprietorship is easy to organize as there are fewer legal formalities. The owner has independence in business decisions as they are the sole decision - maker. They also keep all the profits. However, in a sole proprietorship, the owner has unlimited liability, not limited liability. Limited liability is a characteristic of corporations where the owners' personal assets are protected from business debts.

Answer:

limited liability