A physician, Dr. Julius M. Hibbert, has formed his or her practice as asole proprietorship.

Provide afactual case scenariodemonstratingtwo (2) advantages and two (2) disadvantagesof the doctor operating a business under a sole proprietorship form of business.

Please note that simply stating the advantages and disadvantages of a sole proprietorship form of business is NOT sufficient.You must illustrate the advantages/disadvantages by creating a fictional/factual scenario.

Indicate analternate business formthat might be more advantageous for Dr. Hibbert and indicate two (2) reasons for recommending the change.