In the case of Lewis v. Moore, the court ruled
A) The sole proprietor has limited liability.
B) The sole proprietor has the right to dissolve the proprietorship at any time.
C) The sole proprietor has a fiduciary duty to the employees.
D) The sole proprietor must operate within certain corporate formalities.

Question

Quizplus · Accepted Answer

In the case of Lewis v. Moore, the court recognized the right of the sole proprietor to dissolve the proprietorship at any time, reflecting the principle that a sole proprietorship is an extension of the proprietor and thus subject to their control.

In the Case of Lewis V