Kgomotso Lerole is a young upcoming entrepreneur from Soshanguve Township in Tshwane Municipality. Kgomotso used all the money she saved while working as a beauty therapist on a passenger liner to open a beauty spa (sole proprietorship) in a township. Her

The correct combination of disadvantages that come with the type of ownership of Kgomotso’s business (a sole proprietorship) is: c. ii and iii **Explanation:** - ii. The owner endures unlimited liability for any losses sustained by the business: This is a disadvantage of sole proprietorships as the owner is personally liable for all debts and obligations of the business. - iii. The owner must provide all the expertise necessary to make the business a success: As a sole proprietor, the owner is responsible for all aspects of the business, which can be a disadvantage if they lack expertise in certain areas. The other options: - i. It is the easiest and less expensive to set up: This is an advantage, not a disadvantage. - iv. The owner must comply with a number of formalities and legal requirements for the establishment of a sole proprietorship: This is generally not a major disadvantage of sole proprietorships, as they typically have fewer formalities compared to other business structures like corporations or partnerships.