Adelina is the owner of an electronic repair shop.She creates the marketing strategy for her shop,pays all the required taxes,and is also the only person who enjoys the profits generated by the shop.Adelina's business ownership in this scenario can be regarded as a _____.

Question

Quizplus · Accepted Answer

Adelina's business is a sole proprietorship because she owns the business alone, is responsible for all aspects of the business, including taxes and profits, and there's no mention of partners, incorporation, or franchising.

Adelina Is the Owner of an Electronic Repair Shop