Which of the following is not a limitation of the proprietorship: Group of answer choices unlimited...

Which of the following is not a limitation of the proprietorship:

Group of answer choices

unlimited personal liability

limited life

difficult ownership transfer

difficult to obtain large sums of capital

subject to few government regulations

Expert Solution

The answer is

subject to few government regulations

A proprietorship is a business owned by an individual. Its disadvantages include unlimited liability, limited life, difficult ownership transfer and difficulty in obtaining capital

However, few govt. regulations is not a limitation, rather it is an advantage

jeff jeffy answered 2 years ago

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