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In Business / College | 2025-07-03

A key advantage of a sole proprietorship over a partnership is:
A. Liability
B. Taxation
C. All of these
D. Control

Asked by ryleeaveritte

Answer (2)

The main advantage of a sole proprietorship over a partnership is control, allowing the owner to make decisions swiftly and independently. While liability and taxation are important aspects, the ability to operate without needing consensus from others is significant. Therefore, the answer to the question is D. Control.
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Answered by Anonymous | 2025-07-04

A sole proprietorship offers the key advantage of complete control to the owner compared to a partnership. While liability and taxation are important, control allows for unimpeded decision-making. Thus, sole proprietorships are favored by those seeking autonomy in their business operations. ;

Answered by GinnyAnswer | 2025-07-04

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