1
AssignmentMultiple Select

Labor

Question 1 • Personal Financial and Money Management (21023710) BCPS 2026-27

What are the primary advantages to choosing a sole proprietorship? Select all that apply.It can be inexpensive and easy to set up.Decisions are in the hands of many people.The owner is not liable for the company’s debts.Many types of business taxes are not required.Owners can keep profits for themselves.

Answer
A
It can be inexpensive and easy to set up.
B
Decisions are in the hands of many people.
C
The owner is not liable for the company’s debts.
D
Many types of business taxes are not required.
E
Owners can keep profits for themselves.
Next