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An advantage of the sole proprietorship over the partnership from of business organisation is that

An advantage of the sole proprietorship over the partnership from of business organisation is that
  • A.
    its existence is limited by an individual’s life span
  • B.
    it relies on the decision of friends to succeed
  • C.
    the possibility of conflict in management is virtually non-existent
  • D.
    it enjoys limited liability for debt in the event of failure
Correct Answer: Option C
Explanation