A ____________ is an individual pursuing business for profit.
A) partnership
B) general partnership
C) sole proprietorship
D) corporation

Question

Quizplus · Accepted Answer

The term "sole proprietorship" refers to a business structure where an individual owns and operates a business for profit. Therefore, option C is the correct answer. Partnerships (option A and B) refer to businesses owned by two or more individuals, and corporations (option D) are owned by shareholders.

A ____________ Is an Individual Pursuing Business for Profit