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Which of the following are benefits enjoyed by sole proprietorships? Select the TWO correct answers(2 points)

Responses

Earnings goes directly to the owner
Earnings goes directly to the owner

Control of decisions making
Control of decisions making

Limited liability
Limited liability

1 answer

The two correct answers regarding the benefits enjoyed by sole proprietorships are:

  1. Earnings goes directly to the owner
  2. Control of decision making

Sole proprietorships do not offer limited liability; instead, the owner is personally liable for all debts and obligations.