Lucia owns her own dog walking business and has several employees.She filed no legal paperwork and has no partners.Lucia's business is a(n)________.

Question

Quizplus · Accepted Answer

A sole proprietorship is a type of business structure in which the owner is solely responsible for all aspects of the business, including any debts or legal issues. This is the simplest and most common type of business structure for a small business like Lucia's dog walking business, and does not require any legal paperwork or partners.

Lucia Owns Her Own Dog Walking Business and Has Several