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One of the disadvantages of Sole Proprietorship is_

One of the disadvantages of Sole Proprietorship is_

  • A.
    It requires small operations
  • B.
    It involves small capital
  • C.
    It lacks specialization
  • D.
    Grants from government
Correct Answer: Option C
Explanation

The lack specialization because the owner is personally involved in every section of the business.