Q980
An inexpensive and easy business formation and few government regulations are advantages of
A.
Private Corporation
B.
personal ownership
C.
proprietorship
AnswerD.
personal business
Answer: Option C
Solution
Answer: Option C
Solution:
An inexpensive and easy business formation and few government regulations are advantages of proprietorship. Sole proprietorships have several advantages over other business entities. They are easy to form, and the owners enjoy sole control of the business profits.