Laura owns and operates Meditation Center without creating a separate business organization. She receives all the profits from the fees for the classes and the sales of the center's merchandise. This is most likely

Question

Laura owns and operates Meditation Center without creating a separate business organization. She receives all the profits from the fees for the classes and the sales of the center's merchandise. This is most likely​

Quizplus · Accepted Answer

Laura's ownership and operation of the Meditation Center without creating a separate business organization indicates that she is running a sole proprietorship. In a sole proprietorship, the owner receives all the profits and is personally liable for any business debts or obligations.

Laura Owns and Operates Meditation Center Without Creating a Separate