A sole proprietorship is: a. The simplest form of a business, ...

[09madisonrousseau09]

A sole proprietorship is:
 
  a. The simplest form of a business, in which one individual owns the business
  b. A professional corporation
  c. A complicated form of business where one individual owns the business, but
  another receives the profits
  d. None of these choices are correct

Question 2

The simplest form of a business, in which one individual owns the business, is entitled to any profits, and is personally liable for all debts or obligations, is known as:
 
  a. A partnership
  b. A professional corporation
  c. A sole proprietorship
  d. A business corporation

[Swizqar]

Answer to Question 1

A

Answer to Question 2

C

[09madisonrousseau09]

Thanks for the timely response, appreciate it

[AngeliqueG]

Excellent