Oliver wants to start his own business. He should consider a sole proprietorship if he
A) expects rapid growth and wants to be able to raise a large sum of money.
B) wants to make it easy to attract qualified employees.
C) wants to be his own boss and can accept unlimited liability.
D) wants to minimize the financial risk he must accept as the owner of a business.

Question

Quizplus · Accepted Answer

A sole proprietorship is a business that is owned and managed by a single individual. This form of business ownership appeals to people who want to be their own boss.

Oliver Wants to Start His Own Business