Which of the following legal forms of business is owned and usually operated by a person who is responsible for its debts?

Name: Which of the following legal forms of business is owned and usually operated by a person who is responsible for its debts?
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D)The sole proprietorship is owned and usually operated by one person. About 72 percent of all businesses are sole proprietorships; however, they account for only about 5 percent of total business revenues.

Which of the Following Legal Forms of Business Is Owned