Match the following attributes with the different forms. A particular attribute may apply to more than one entity form.
-Sole proprietorship
A)Ability of all owners to have limited liability.
B)Ability to pass tax attributes through to the owners.
C)Right of all owners to participate in the management of the business.
D)Number of owners is limited.
E)Ability to have multiple owners.

Question

Quizplus · Accepted Answer

In a sole proprietorship, the business income is passed through to the owner's personal tax return, allowing the owner to benefit from the tax attributes directly.

Match the Following Attributes with the Different Forms