Marco is opening a new computer repair shop. He is owner and sole employee. He has paid the appropriate fees and licensing costs and begun his business. This is an example of a(n)________.
A)S corporation
B)partnership
C)corporation
D)sole proprietorship

Question

Quizplus · Accepted Answer

A sole proprietorship is a business owned and operated by an individual, and Marco being the sole owner and employee of his computer repair shop fits the description of a sole proprietorship.

Marco Is Opening a New Computer Repair Shop