Question

main risk of a sole proprietorship:
select one:
a. double taxation
b. unlimited personal liability
c. no control
d. sec reporting by default

Explanation:

A sole proprietorship has no legal separation between the owner and the business. Thus, the owner is personally responsible for all business debts and obligations, meaning personal assets can be used to settle business liabilities—this is unlimited personal liability, the main risk. Double taxation applies to corporations, sole proprietors have full control, and SEC reporting is not required by default for small sole proprietorships.

Answer:

b. Unlimited personal liability