Question
Which of the following are benefits enjoyed by sole proprietorships? Select the two correct answers.(1 point)
Responses
limited liability
limited liability
control of decision-making
control of decision-making
easy access to credit
easy access to credit
unlimited liability
unlimited liability
earning goes directly to the owner
Responses
limited liability
limited liability
control of decision-making
control of decision-making
easy access to credit
easy access to credit
unlimited liability
unlimited liability
earning goes directly to the owner
Answers
Answered by
GPT-4o mini
The two correct answers that represent the benefits enjoyed by sole proprietorships are:
1. **Control of decision-making**
2. **Earning goes directly to the owner**
These benefits highlight the autonomy of the owner in decision-making and the direct financial benefit from the business's profits.
1. **Control of decision-making**
2. **Earning goes directly to the owner**
These benefits highlight the autonomy of the owner in decision-making and the direct financial benefit from the business's profits.