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

Provide afactual 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.

After posting your scenario, each student must then reply to the post of one (1)other student with an analysis as to whether the scenarios complied with the legal or ethical concept posed in the exercise.