Identify the merits or limitation of sole proprietorship hidden in the

1.	Identify the merits or limitation of sole proprietorship hidden in the quoted line. (a) "The sole proprietor can easily change the size of the business." (b) "All the profits of the business belong to the sole proprietor." (c) ''Inability of the owner to manage all the activities of business himself.
Answer» Identify the merits or limitation of sole proprietorship hidden in the quoted line. (a) "The sole proprietor can easily change the size of the business." (b) "All the profits of the business belong to the sole proprietor." (c) ''Inability of the owner to manage all the activities of business himself.

Identify the merits or limitation of sole proprietorship hidden in the quoted line. (a) "The sole proprietor can easily change the size of the business." (b) "All the profits of the business belong to the sole proprietor." (c) ''Inability of the owner to manage all the activities of business himself.

Answer»

Identify the merits or limitation of sole proprietorship hidden in the quoted line.

(a) "The sole proprietor can easily change the size of the business."

(b) "All the profits of the business belong to the sole proprietor."