Which of the following statements describe sole traders? Please select all that apply.
A) Separate legal identity.
B) Non-complex operations.
C) All business debts are debts of the owner.
D) One person is in charge of operations.
Correct Answer:
Verified
Q1: All limited liability companies can issue shares
Q2: Sole traders are the only form of
Q4: Which one of the following is not
Q5: Which one of the following is not
Q6: Which types of finance are available to
Q7: Which one of the following statements does
Q8: Debentures, bonds and loan notes are long-term
Q9: Which of the following are characteristics of
Q10: Which of the following are characteristics of
Q11: Payment of interest on borrowings is compulsory
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