This topic contains a solution. Click here to go to the answer

Author Question: A sole proprietorship is: a. The simplest form of a business, in which one individual owns the ... (Read 65 times)

09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Swizqar

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

A

Answer to Question 2

C




09madisonrousseau09

  • Member
  • Posts: 559
Reply 2 on: Aug 3, 2018
:D TYSM


flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
Excellent

 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

For a complete list of videos, visit our video library