Question

Which of the following are benefits enjoyed by sole proprietorships? Select the two correct answers.(1 point)
Responses

unlimited liability
unlimited liability

limited liability
limited liability

easy access to credit
easy access to credit

earning goes directly to the owner
earning goes directly to the owner

control of decision-making

Answer 1

The two correct benefits enjoyed by sole proprietorships are:

1. **Earning goes directly to the owner** - Sole proprietorships have all the earnings go directly to the owner, which means they keep all the profits.

2. **Control of decision-making** - In a sole proprietorship, the owner has complete control over all decisions concerning the business.

So the correct responses are:
- Earning goes directly to the owner
- Control of decision-making