What is the chief disadvantage of the sole proprietorship as - 4109

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What is the chief disadvantage of the sole proprietorship as a form of business organization when compared to the corporate form? 

a. Sole proprietorships are subject to double taxation of profits. 

b. The cost of formation. 

c. Inadequate profit sharing. 

d. Owners have unlimited liability. 

 
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What is the chief disadvantage of the sole proprietorship