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Author Question: A sole proprietorship is: a. The simplest form of a business, in which one individual owns the ... (Read 48 times)

09madisonrousseau09

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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



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Swizqar

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Answer to Question 1

A

Answer to Question 2

C




09madisonrousseau09

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Reply 2 on: Aug 3, 2018
YES! Correct, THANKS for helping me on my review


olderstudent

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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