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Sagot :
Independence in business decisions is NOT an advantage of a sole proprietorship.
What is Business?
Business is the process of making a living or producing income via the creation, acquisition, and sale of goods (such as goods and services).
"Any activity or enterprise performed for profit" is also included. Since the business entity is not legally distinguishable from the owner by the use of a business name, the owner of the business is accountable and liable for any commitments made by the business.
If a business accumulates debt, creditors may seize the owner's personal belongings. In a business structure, corporate tax rates are not permissible. The proprietor is required to pay personal taxes on all business income.
What is Sole Proprietorship?
In a sole proprietorship, there is no legally significant distinction in between owner and the corporate body because they are one and the same.
The terms proprietorship, lone tradership, and solo entrepreneurship are also used to characterize it.
A solo proprietor is able to hire people while also operating their entire business.
Hence, option C is correct.
To learn more about Sole Proprietorship here
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