Which of the following is the characteristic of a sole proprietorship?
A) It can be publicly held.
B) It is not taxed as an organization.
C) It is the hardest business organization to create.
D) It is the most expensive business organization to create.
E) It can be created by multiple owners.

Question

Quizplus · Accepted Answer

A sole proprietorship is not taxed as an organization. All the proprietorship's income subject to taxation is attributed to the proprietor.

Which of the Following Is the Characteristic of a Sole