The following are advantages of sole proprietorship except
A.
quick and easy decision-making
B.
keeping its business affairs private
C.
assurance of raising huge capital for expansion
D.
high level of commitment
Correct Answer: Option C
Explanation
A sole proprietorship business does not have an assurance of raising huge capital for expansion, as a matter of fact, they rely on grants and loans from friends and family, plough back profit and personal savings for expansion.
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