Which of the following best describes sole proprietorship?
A) It is a business owned by two people with limited liability.
B) It is a business owned by two people and operated by one.
C) It is a business owned by one person with limited liability.
D) It is a business owned and carried on by one person.
Correct Answer:
Verified
Q2: The partners in a nontrading partnership have
Q3: Zen Corp, an Australian company, and Pluto
Q4: An LLC can be dissolved with the
Q5: The owners or investors of a limited
Q6: Which of the following is true of
Q8: An individual need only begin doing business
Q9: A partnership is one engaged in buying
Q10: An individual who is not a partner
Q11: Which of the following is true of
Q12: Which of the following is true of
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