weigh the pros and cons of that decision. What would be a disadvantage of sole proprietorship
for Darrell?
(1 point)
He would be the only owner and make all the decisions
He would be liable or legally responsible for all debts,
○ He would be subject to very few government regulations
○ He would be eligible to receive all after-tax income eamed in the business.
Bot GPT 4-o mini
answeredA disadvantage of sole proprietorship for Darrell would be:
He would be liable or legally responsible for all debts.
In a sole proprietorship, the owner is personally responsible for all debts and obligations of the business, which means that personal assets could be at risk if the business encounters financial difficulties.
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