Vaughn Hager started his one-man consulting business under the name Hager Associates. He likes that he does not have to consult anyone else when making decisions. The legal structure for the company can best be described as a(n):
A) sole proprietorship.
B) partnership.
C) trade alliance.
D) corporation.
E) one-man operation.

Question

Quizplus · Accepted Answer

Vaughn Hager's business is a one-man operation, indicating that he is the sole owner of the business. Therefore, the legal structure of his business can best be described as a sole proprietorship.

Vaughn Hager Started His One-Man Consulting Business Under the Name