M.O.

B Activity 1

Activity 1

1. Sole proprietorship
2. Advantages: she would gain all the profits. all decisions
will be made by her. the business would be easy to form.
Disadvantages: She would have unlimited liability. she would have less
time for other things. difficulty in finding capital.
3. Partnership reasons: 3 people are
starting the business and a partnership is when 2 to 50 people start a
business.

4. Benefit: she would've earned all the profits for herself.

Drawback: When the time has come to pay the loan back and if she didn't make any profit it
would be a challenge to pay back the loan and to continue the business.