darrell is sure he would like to be a sole proprietor of his business but he knows he should weigh the pros and cons of that decision. What would be a disadvantage of sole proprietorship for Darrell

He would be the only owner and make all the
Decisions
He would be liable or legally responsible for all the debts
He would be subject to very few government regulation S
Or
He would be eligible to receive all after-tax income earned in the business
ABC or D

1 answer

The correct answer would be B - He would be liable or legally responsible for all the debts.