Jonathan Lopez wants to be his own boss and ventures into retailing fruit in the neighborhood. Jonathon files the paperwork necessary to obtain a license to carry out business in his city, but files no other paperwork with any other government entity. Under which of the following major forms of business does Jonathan's store appear to be?
A) a corporation
B) a sole proprietorship
C) a limited partnership
D) a limited liability corporation
Correct Answer:
Verified
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