Which of the following is true of a sole proprietorship?
A) A separate tax return must be filed.
B) It is not a business entity.
C) There is no personal liability for the owner.
D) None of the above
Correct Answer:
Verified
Q72: A partnership by estoppel:
A)is the same as
Q73: Unanimous consent of the partners is required
Q74: In Germany, public companies have:
A)the same structure
Q75: Limited partners have liability:
A)for the full amount
Q76: The corporate veil can be pierced under
Q78: Partnership property:
A)is always personal property.
B)is owned by
Q79: Which of the following is not a
Q80: Partners' personal assets:
A)cannot be reached by partnership
Q81: Owners of a limited liability company:
A)have unlimited
Q82: In which of the following forms of
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