A sole proprietor cannot raise funds by issuing stocks and bonds.

Name: A sole proprietor cannot raise funds by issuing stocks and bonds.
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Question

Quizplus · Accepted Answer

A sole proprietorship is owned by a single individual who is personally responsible for the business, and it does not have a separate legal entity to issue stocks or bonds. Stocks and bonds are typically issued by corporations or entities that are legally separate from their owners.

A Sole Proprietor Cannot Raise Funds by Issuing Stocks and Bonds