A sole proprietorship is considered to be
A) an entity formed to protect the small busi- nessperson from personal liability.
B) an extension of the individual sole pro- prietor.
C) any business organization that is owned, managed, and operated by only one individual.
D) an entity that is easily transferred from one individual to another.
Correct Answer:
Verified
Q8: The sole proprietor's liability for the actions
Q9: The number of sole proprietorships in the
Q10: The income of sole proprietorships in the
Q11: Advantages to transacting business as a sole
Q12: Disadvantages to transacting business as a sole
Q14: The rules of ethics that apply to
Q15: A sole proprietor may hire any number
Q16: A sole proprietor may delegate management and
Q17: Sole proprietors can attract new employees by
Q18: Sole proprietorships are created and governed by
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