The life of sole proprietorship business is unstable.

Explanation:
A sole proprietorship is a type of business where an individual owns and operates the business. The life of a sole proprietorship business is dependent on several factors, such as the owner's skills, business strategies, economic conditions, and competition in the market. Here are some reasons why the life of sole proprietorship business is unstable:

1. Unlimited Liability: In a sole proprietorship, the owner is personally liable for all the debts and obligations of the business. If the business incurs a substantial loss, the owner may have to liquidate their personal assets to pay off the debts. This can lead to the closure of the business.

2. Lack of Continuity: A sole proprietorship business is dependent on the owner's skills and knowledge. If the owner becomes ill or dies, the business may not continue to operate. This lack of continuity can lead to the closure of the business.

3. Limited Resources: Sole proprietorship businesses often have limited resources compared to larger companies. This can make it challenging to compete with larger companies or expand the business. If the business cannot survive in the market, it may have to close down.

4. Limited Access to Capital: Sole proprietorship businesses may find it challenging to raise capital for investments or expansion. Banks may be hesitant to lend money to small businesses with uncertain futures, making it difficult for the business to grow.

5. Increased Competition: Sole proprietorship businesses may face increased competition in the market. If the business cannot compete with other companies, it may have to close down.

These factors make the life of sole proprietorship business unstable, and the business may not survive for a long time.