Question

21. Sharon decided to open a dry-cleaning business. She

Answer 1

The correct answer would be option C, Unlimited liability.

The disadvantage of Sharon's business is the unlimited liability.

Explanation:

Sharon has started her business of dry cleaning by lending money from her sister and taking loan from the bank. It means she is the one who is owning the business and there is no other partner. She is actually running a Sole Proprietorship business type.

In Sole Proprietorship, there is only a single owner who runs the business and is responsible for all the liabilities held with the business. There are some advantages too, but the disadvantage of Sole Proprietorship is only the unlimited liability over the owner.

Learn more about Sole Proprietorship at:

brainly.com/question/11726413

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