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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<span>The law of soil (also known as "Jus Soli") is when an offspring is born in the U.S., they are granted citizenship.
The law of blood (also known as "Jus Sanguinis") is when an offspring of an American citizen, you are a natural born U.S. citizen.</span>
The Hammurabi code of laws, a collection of 282 rules, established standards for commercial interactions and set fines and punishments to meet the requirements of justice. Hammurabi's Code was carved onto a massive, finger-shaped black stone stele (pillar) that was looted by invaders and finally rediscovered in 1901.
It is referred to as Bi-Laterael meaning two separate but equal parts
Not too long just like about 2 months