Without creating a separate business organization, Rey starts up Street Cruisers, a pre-owned auto sales enterprise. This enterprise is
A)none of the choices.
B)a corporation.
C)a franchisee.
D)a sole proprietorship.

Question

Quizplus · Accepted Answer

Rey's business, Street Cruisers, is a sole proprietorship because it is started by an individual without creating a separate business organization. This means Rey owns the business entirely and is responsible for all its operations and liabilities.

Without Creating a Separate Business Organization, Rey Starts Up Street