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AnshiniRivkins
AnshiniRivkins AnshiniRivkins
  • 19-05-2016
  • Social Studies
Answered

Antonia runs her own business as a cabinetmaker. What benefit and what drawback does her sole proprietorship entail?

Verified Answer :

andriansp andriansp
  • 25-05-2016

In a sole proprietorship, the benefit and drawback would be : Total control but total liability

Benefit :
Total Control ,  which mean that Antonia could make all the decisions as she please regarding her business

Drawback :
Total liability, which mean that Antonia will be 100% responsible for all the risk and loss that may occur to her business

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