Talking about this example of a good argumentative essay, sole proprietorship also have advantages over partnership in terms of its liquidation, when the owner decides to terminate the business, he can do so easily without consultation and he will be entitled to all the benefits thereafter.
It is worth noting that this example of a good argumentative essay does not hold always, there are circumstances when partnership form of business has advantages over sole proprietorship, say for example when talking about capital contribution, it is easier to start a partnership business because capital is contributed by members as opposed to sole proprietorship where the owner has to contribute capital alone. Another benefit of running a partnership form of business over sole proprietorship is that, during its dissolution, losses can be shared by partners thus reducing its magnitude. Because of the advantages that both forms of business have, they are usually used as one of the example of a good argumentative essay.
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