An individual who decides to carry on business in his or her name need not register the business.

Name: An individual who decides to carry on business in his or her name need not register the business.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. When an individual carries on business in his or her own name, it is considered a sole proprietorship, and no registration is required. However, if the individual chooses to use a business name other than his or her own name, then registration is typically required.

An Individual Who Decides to Carry on Business in His