Which of the following is necessary for starting a sole proprietorship?
A) a partnership contract
B) an operating agreement
C) articles of proprietorship
D) a business licence

Question

Quizplus · Accepted Answer

A business license is necessary for starting a sole proprietorship. A partnership contract and an operating agreement are not necessary as they pertain to partnerships, not sole proprietorships. There is no such thing as articles of proprietorship, so that option is also incorrect.

Which of the Following Is Necessary for Starting a Sole