ECON MICRO (with MindTap, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)
ECON MICRO (with MindTap, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)
6th Edition
ISBN: 9781337408059
Author: William A. McEachern
Publisher: Cengage Learning
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Chapter 3, Problem 6P
To determine

The disadvantages that sole proprietors face

Introduction:

Sole Proprietorship: The form of business which is run and operated by an individual is known as the Sole Proprietorship. All the liability in this form of business lies with the proprietor.

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