could anyone help please Until this year, Cheers Inc. was organized as a...

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image could anyone help please
Until this year, Cheers Inc. was organized as a partnership. This year, the partnership was dissolved and one of organize the business as a sole proprietorship. As a result of this change in organizational form, which of the fo correct? Cheers' sole proprietor will now have limited liability. Cheers will now be subject to fewer regulations. Cheers will now pay higher taxes. Cheers' sole propreitor will now find it easier to transfer ownership Cheers will now find it easier to raise additional capital

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