Darrell is sure he would like to be a sole proprietor of his business, but he knows he should weigh the pros and cons of that decision. What would be a disadvantage of sole proprietorship for Darrell?
(1 point)
Responses
He would be the only owner and make all the decisions.
He would be the only owner and make all the decisions.
He would be liable or legally responsible for all debts.
He would be liable or legally responsible for all debts.
He would be subject to very few government regulations.
He would be subject to very few government regulations.
He would be eligible to receive all after-tax income earned in the business.