Author Question: A disadvantage of the sole proprietorship form is often: a. business profits are taxed to the owner ... (Read 98 times)

ec501234 · **on:** Jun 24, 2018

A disadvantage of the sole proprietorship form is often:
a. business profits are taxed to the owner personally
b. the owner is personally liable for all the business debts
c. the owner has sole responsibility for control, liabilities, and management
d. the record keeping formalities of the business are within the owner's discretion e. none of the other choices

Question 2

The Family and Medical Leave Act does not apply to persons who work for the government.
a. True
b. False
Indicate whether the statement is true or false