The primary disadvantages of sole proprietorship would be:
- Sole responsibility for the business
- They have the sole legal responsibility for the business
- They would have tax liability
- They would have issues with hiring workers
<h3>What is sole proprietorship?</h3>
This is the term that is used to refer to the individual that is in an entrepreneurship. This is a person that would have to have an enterprise that they run on their own that has no distinction between the owner of the business and business itself.
<h3>What is referred to as partnership?</h3>
This is the type of business that is run by two person or more. The partners in the business are the ones that would have equal claims to the business and they would share in all that concerns the business.
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Answer:
fervent period of European cultural
Explanation:
Market demands. the free market demands fair trade.
Answer:
Financial markets play a critical role in the accumulation of capital and the production of goods and services. ... In addition, efficient financial markets and institutions tend to lower search and transactions costs in the economy.
Explanation:
The United States government functions under the principle of checks and balances. This means that each branch of government has a power that keeps the other branches from becoming too controlling. The branches are separate but equal.
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