4 Which of the following statement is correct? a. The responsibility of sole proprietors is less compared to partnership. of b. The owner of sole proprietorship has less available capital compared to partnership c. The liability of sole proprietor is limited compared to partnership. d. The sole proprietorship business has unlimited capital compared to partnership 5 Mr. Omar wanted to start a business of fish farming. He came across a government program run by 'Ministry Agriculture and fisheries'. The ministry arranged free training for him. Additionally, the ministry arranged an easy loan for him to start the fish farming business. Among the following options, identify the advantage of a small business of Mr. Omar. of a. The records of small business cannot be easily managed b. A small business owner has less freedom while running his/her business c. The small business owners lack motivation d. Small business can be started from small investment is a disadvantage of Partnership. a. Great range of skills of b. Shared responsibilities c. More capital d. Potential disagreements between partners