Question 22
Business OrganisationsWhich of the following is not a feature of the Sole Proprietorship?
- A.the Sole Proprietor provides the capital to start the business
- B.the Sole Proprietor is the boss of his business
- C.there is unlimited liability
- D.continuity is doubtful at the death of the proprietor.
- E.decision can be taken only by 10 people.
Show the answer and explanation
Answer: E (decision can be taken only by 10 people.)
Explanation
A sole proprietorship is run by one person who takes decisions alone, so 'decisions taken by 10 people' is not a feature.