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2. what are a sole proprietors advantages and disadvantages. a. unlimit…

Question

  1. what are a sole proprietors advantages and disadvantages. a. unlimited income; minimal work hours b. better control of the companys income; unlimited liability c. makes most of companys decisions; works a lot of hours d. both b and c are true of a sole proprietors advantages & disadvantages

Explanation:

Brief Explanations
  • Option a: "minimal work hours" is incorrect as sole proprietors often work long hours.
  • Option b: "better control of the company’s income" is an advantage (sole proprietor has full control over profits), and "unlimited liability" is a disadvantage (they are personally liable for business debts).
  • Option c: "makes most of company’s decisions" is an advantage (full decision - making control), and "works a lot of hours" is a disadvantage (they often have to handle many aspects of the business).
  • Option d: Since both b and c have a correct advantage - disadvantage pair, this option is correct.

Answer:

d. both b and c are true of a sole proprietors advantages & disadvantages